#Cross-Border Transfers

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#Cross-Border Transfers

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South Korea Moves to Give FIU Direct Powers Against Unregistered Crypto Firms

South Korea Moves to Give FIU Direct Powers Against Unregistered Crypto Firms

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South Korea is moving to give its FIU direct authority to investigate unregistered crypto firms, especially offshore operators that have dodged enforcement. The push comes as referrals stalled, exchanges face tougher reporting rules, and Seoul tightens oversight without trying to choke crypto outright.

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