South Korea has launched a major crackdown on #cryptocurrency transactions! The Financial Services Commission (#FSC ) announced on November 28, 2025, that the "Travel Rule" will now be applied to transactions of every size—even those less than $670 (1 million #KRW ). This new framework is designed to prevent "smurfing," a method where criminals move money through numerous small transfers. Now, every exchange must collect the complete information of the sender and receiver. Furthermore, South Korean users will also be blocked from trading on unregistered offshore exchanges. These new rules will be fully implemented by 2026, making #SouthKorea 's crypto sector as regulated as its traditional finance!
BTC
87,155.28
-0.44%