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🇰🇷 Korea Regulatory Update | Crypto AML
The Korea Financial Intelligence Unit (Korea Financial Intelligence Unit) held its first “Specified Financial Information Revision TF” meeting on December 29, signaling tighter crypto AML oversight.
Highlights:
Travel Rule scope may expand from transfers above KRW 1 million to smaller transactions
Enhanced tracking and reporting requirements for crypto transfers
Progress toward stablecoin regulation and account-freezing mechanisms
AML reform proposal targeted for H1 2026
SOURCE: @News1Kr
#CoinRank #CryptoRegulationBattle