#SouthKoreaCryptoPolicy

South Korea plans to regulate the cross-border trade of virtual assets to enhance oversight of crypto-related financial flows. The proposed regulation will align crypto exchanges with foreign exchange laws, enabling the government to monitor and report suspicious cross-border transactions involving cryptocurrencies. This move is part of South Korea’s broader effort to tighten anti-money laundering (AML) controls and protect users from illegal activities. It reflects the growing global trend toward integrating digital assets into traditional financial regulatory frameworks.

🔗 Read the full article on Reuters