South Korea’s crypto industry is concerned about proposed anti-money laundering rule changes that could increase pressure on local exchanges. The Digital Asset eXchange Alliance warned that the changes could lead to a significant increase in suspicious transaction reports, creating challenges for exchanges. The proposed rules are part of efforts to tighten oversight on the industry, with regulators aiming to finalize the amendments by July. Additionally, ongoing court cases involving exchanges facing AML-related enforcement actions add to the debate.
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