Blockchain News
South Korea Crypto Law: New Groundbreaking Legislation Mandates Criminal Record Checks for VASP Shareholders
Seoul, South Korea, January 30, 2025: South Korea’s National Assembly has passed a groundbreaking amendment that will fundamentally change how cryptocurrency firms operate within its jurisdiction. The new legislation requires virtual asset service providers (VASPs) to conduct criminal background checks on their major shareholders, marking one of the most significant regulatory developments in Asia’s cryptocurrency […]
