Latest Breaking News On - Koo yun - Page 1 : comparemela.com

All crypto exchanges and financial institutions are expected to monitor and report irregular transactions. Despite the crackdown, interest in cryptocurrencies still surges in the country. South Korean regulatory authorities recently met to discuss a clampdown on illegal cryptocurrency transactions in the country. The focus of the discussion is the potential use of cryptocurrencies in money laundering as well as the volatility of digital assets. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. The report about the joint meeting revealed that the South Korean government is planning to introduce strict rules to guide cryptocurrency transactions in the country. As a result, the country’s Financial Services Commission (FSC) has issued directives to crypto exchanges and other financial institutions to improve on their monitoring activities. The idea is to curb the use of digital currencies for financial crimes.

South koreaSouth koreanKoo yunFinancial supervisory serviceFinancial services commissionGovernment policy coordinationFinance ministryதெற்கு கொரியாதெற்கு கொரியன்நிதி மேற்பார்வை சேவைநிதி சேவைகள் தரகுஅரசு பாலிஸீ ஒருங்கிணைப்புநிதி அமைச்சகம்