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South Korea Drops $700 Crypto Transfer Threshold, Forcing 216-Withdrawal Loophole Shut
['Maheen Hernandez']
The Currency analytics
That’s the new baseline for any registered crypto platform operating in the country.
South Korea is betting that’s wrong, or at least that the risk of abuse outweighs the administrative burden of tracking everything.
Tighter Registration Rules for Crypto PlatformsThe decree also tightens what it takes to stay registered as a crypto service provider in South Korea.
Frequently Asked Questions What exactly did South Korea change about its crypto Travel Rule?
When do South Korea’s new crypto Travel Rule requirements take effect?