In South Korea, they will monitor the activity of cryptocrates
The Financial Services Commission of South Korea (FSC) in the fight against money laundering will begin to track transactions of users whose assets exceed 100 million KRW (~ $ 70,000). About this writes News1 Korea.
Such customers should report on any significant changes on their accounts quarterly.
The initiative is associated with the new guidelines.
The regulator directly associated the risks of violations of anti -missile legislation with the share of digital assets and stablecoins. The latter in the FSC representation may act as the main tool.
Recall that in August the commission charged 16 foreign cryptocurrency platforms for providing services to residents without registration.
A month before, the FSS began an investigation of the alleged assistance of local banks to foreign transfers into crypto-tanks in the amount of $ 6.5 billion, which were associated with Kimchi-Premia.
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