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bitcoin newsOct 26, 2024

Korea to Regulate Crypto Cross-Border Trade Next Year

On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that…

Korea to Regulate Crypto Cross-Border Trade Next Year

Korea to Regulate Crypto Cross-Border Trade Next YearOn Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border virtual asset trade register with authorities and submit monthly transaction reports to the Bank of Korea. The move follows significant concerns […]

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