South Korean regulator reviews crypto AML compliance documents in a Seoul office
Bitcoin News

South Korea removes Travel Rule threshold, expands AML checks to all crypto transfers

South Korea is tightening its anti-money laundering framework for cryptocurrencies by removing the 1 million won (about $700) threshold for Travel Rule information-sharing requirements. The Cabinet approved amendments to the Enforcement Decree of the Act on Reporting and Using Specified Financial Transaction Information on Tuesday, extending the rule to all transfers between registered virtual asset […]