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Category FSC

South Korea ramps up regulatory campaign, AML crackdown on crypto sector

South Korea ramps up regulatory campaign, AML crackdown on crypto sector

South Korea is reconsidering its approach to digital asset governance after a series of high-profile data hacks and compliance breaches in its rapi...
South Korea aims to approve digital asset act by January

South Korea aims to approve digital asset act by January

South Korea's ruling and opposition parties reached a breakthrough agreement on stablecoin regulation framework.
South Korea to require identity checks for crypto transfers under 1 million won ($680)

South Korea to require identity checks for crypto transfers under 1 million won ($680)

South Korea will now require identity checks for all crypto transfers, even those under 1 million won ($680).
Taiwan pushes for central bank custody in stablecoin oversight plan

Taiwan pushes for central bank custody in stablecoin oversight plan

Taiwan’s central bank has called for tighter oversight of stablecoin licensing, recommending that issuers keep part of their reserves at the centra...
South Korea's FSC is finalizing a bill to oversee stablecoin regulation

South Korea's FSC is finalizing a bill to oversee stablecoin regulation

South Korea said it is close to finalizing its long-awaited stablecoin legislation, as the central bank and financial regulator jostle over who sho...