South Korea’s FSS Targets Crypto Exchanges for Illegal Transactions

The South Korean Financial Supervisory Service (FSS) is set to investigate crypto exchanges to control illicit activities. The FSS will examine two Korean won-based exchanges previously subject to irregularities, three more digital asset exchanges, and one crypto wallet service. This comes after the July enactment of the Virtual Asset User Protection Act, which provided severe consequences for... source: https://www.thecoinrepublic.com/2024/09/03/south-koreas-fss-targets-crypto-exchanges-for-illegal-transactions/