South Korea Moves to Freeze High-Risk Crypto Accounts
South Korea’s Financial Services Commission (FSC) Chairman Lee Eok-won announced new measures to curb illicit activity in the cryptocurrency market. He made the remarks on November 28 during the 19th Anti-Money Laundering Day ceremony. His plan focuses on tightening anti-money-laundering controls and expanding the Travel Rule for virtual asset transactions. Expansion of the Travel Rule…