Hàn Quốc sẽ bãi bỏ nghĩa vụ báo cáo bắt buộc đối với các khoản chuyển tiền tiền điện tử trên 10 triệu KRW

The Huoxing Finance report, according to South Korea’s SBS News, states that the Financial Intelligence Unit (FIU) of South Korea has revised the enforcement decree of the Specific Financial Information Act, eliminating the mandatory reporting requirement for virtual asset transfers exceeding 10 million KRW and instead shifting risk management responsibility to exchanges. The original proposal required domestic operators to report all transfers exceeding 10 million KRW to the FIU, regardless of risk level. After incorporating industry feedback, the FIU decided to remove the mandatory reporting requirement and instead require each company to establish its own internal risk management system. Other adjustments include: expanding the scope of the Travel Rule from transfers above 1 million KRW to all amounts; changing mandatory enhanced customer due diligence for high-risk suspicious transactions to be implemented only when a company determines the risk to be particularly high; granting small businesses a one-year grace period for the debt-to-equity ratio requirement of no more than 200%; and allowing the use of overseas cloud services for anti-money laundering computer equipment. The revised decree will take effect on August 20 after review by the Legal Affairs Office.