Financial Crime Financial Crime

South Korean anti-money laundering rules for cryptocurrencies, others to begin shortly, says regulator

By Ben Lucas
  • 16 Mar 2021 03:42
  • 16 Mar 2021 03:42
Cryptocurrencies and other virtual asset service providers in South Korea will soon be forced to comply with new anti-money laundering rules, the Financial Services Commission, or FSC, said today.

The new rules are part of changes made to the Act on Reporting and Using Specified Financial Transaction Information, which was passed

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