South Korea’s Financial Intelligence Unit has asked for domestic access restrictions to be imposed on two unregistered cryptocurrency firms, according to a Techub News brief citing Yonhap News Agency. The report also said three operators have been referred for investigation over suspected violations of the country’s financial laws. With the latest action, the cumulative number of entities identified as illegal operators has reached 47. The update points to continued enforcement against crypto businesses operating in South Korea without registration.
South Korea’s Financial Intelligence Unit has requested domestic access restrictions on two unregistered cryptocurrency firms, according to a Techub News brief citing Yonhap News Agency.
The report said three operators were also referred for investigation for allegedly violating the country’s financial laws.
The cumulative number of entities identified as illegal operators has now reached 47.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.