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Coinpedia 2023-12-04 11:00:51

South Korean Authorities DAXA and FIU Collaborate to Combat Undeclared Virtual Asset Businesses

The post South Korean Authorities DAXA and FIU Collaborate to Combat Undeclared Virtual Asset Businesses appeared first on Coinpedia Fintech News In an effort to crack down on unauthorized cryptocurrency exchanges, South Korean financial authorities have opened a reporting channel for individuals to submit information on such entities operating within the country. In a decisive move, the Digital Asset Exchange Association (DAXA) has teamed up with the Financial Intelligence Unit (FIU) to identify undeclared virtual assets. …

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