According to Yonhap News Agency, South Korea's cryptocurrency industry has expressed opposition to the revised implementation rules of the "Specific Financial Information Act," stating that requiring suspicious transaction reports (STR) for all transactions over 10 million Korean won would lead to a surge in reporting volume and cause operational chaos. Industry organization DAXA pointed out that this regulation could increase the number of reports by approximately 85 times compared to current levels, and also expressed concerns about clauses related to verifying the accuracy of new customer information, believing some requirements exceed legal authority. The revision is expected to be finalized in July and implemented in phases.