South Korean Authorities Keep a Close Eye on Unregulated Crypto Trades

South Korean financial watchdogs are intensifying their scrutiny on crypto transactions that arent officially sanctioned by the government, particularly the over-the-counter (OTC) crypto trades. Their increased attention comes amid rising apprehensions about these platforms being a potential avenue for criminal undertakings. Recent updates reveal that notable regulatory figures, including deputy chief prosecutor Ki No-Seong and Park Min-woo from the Financial Services Commission (FSC), participated in a discussion centered on the Criminal Legal Issues Related to Virtual Assets. This event...


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