South Korea
2 days agoNews Editor

South Korea’s FIU seeks access restrictions on two unregistered crypto firms

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.

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South Korea’s FIU seeks access restrictions on two unregistered crypto firms