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South Korea Moves to Tighten Crypto Transfers With No Threshold

South Korea Moves to Tighten Crypto Transfers With No Threshold

2026-05-05

South Korea Moves to Tighten Crypto Transfers With No ThresholdSouth Korea’s plan to tighten checks on crypto transfers has raised concern among local digital asset firms. Regulators want to remove the current 1 million won threshold and apply the Travel Rule to every virtual asset transaction under the proposal. Under the proposal, both the sender and receiver must complete full verification before a transfer […]

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