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South Korea’s FSC Expands Travel Rule, Tightens Oversight of Crypto Transactions

South Korea announced plans to expand the travel rule to cover smaller crypto transactions and bar individuals with serious criminal records from becoming major shareholders in virtual asset businesses. Expanding the ‘Travel Rule’ and Strengthening Scrutiny The South Korean government is preparing a major crackdown on illicit activities within the virtual asset market. Financial Services […] Also read: The Future of Electronic Health Records with Blockchain — Security, Interoperability, and True…