2024.02.05
Financial Services Commission Introduces Suspension of Report Examination for Virtual Asset Business
On February 5, the Financial Services Commission proposed amendments to the Enforcement Decree of the Act on Reporting and Use of Certain Financial Transaction Information Act. Changes include suspending report examinations during delays, streamlining the reporting process, and mandating real-name verification for accounts. Comments are open until March 4, 2024, at the Integrated Legislative Forecasting Center or the Financial Services Commission.
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