📰 South Korea Pushes for Stricter Crypto Transfer Rules
South Korea’s FIU has urged Financial Action Task Force (FATF) to expand the Crypto Travel Rule to cover smaller transactions as well.
The proposal aims to strengthen anti-money laundering (AML) measures and improve transparency across the digital asset industry. If adopted, even low-value crypto transfers could require the exchange of sender and recipient information.
The move reflects South Korea’s ongoing efforts to tighten oversight of the crypto sector while promoting a safer and more compliant ecosystem for digital assets.
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FIDA
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FIL
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