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South Korea Softens Crypto Reporting Crackdown After Exchange Backlash

South Korea Softens Crypto Reporting Crackdown After Exchange Backlash

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South Korea is easing a proposed crypto reporting crackdown after heavy pushback from exchanges, shifting toward a more risk-based approach for overseas transfers while keeping anti-money-laundering pressure firmly in place. FIU softens automatic suspicious-reporting rule 10 million won threshold no longer triggers blanket flags Travel rule expansion below 1 million won stays in place DAXA […]

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