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Korea’s Virtual Assets/Cryptocurrency Law: FSC Korea Proposes Enforcement Decree to the Specified Financial Information Act: AML Obligations for VASPs
The Financial Services Commission(the “FSC”) Korea, proposed an enforcement decree(the “Proposed Enforcement Decree”) to the Act on Reporting and Using Specified Financial Transaction Information(the “Act”) from November 3, 2020 to December 12, 2020. The Proposed Enforcement Decree sets the details…
