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South Korea Launches Continuous Monitoring for Crypto Transactions

South Korea Launches Continuous Monitoring for Crypto Transactions


Bitcoin.com
2024-07-08 01:36:58

South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the country’s Virtual Asset User Protection Act, which aims to regulate trade practices and protect investors. Major Korean crypto exchanges, including Upbit, Bithumb, Coinone, Korbit,


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