Korea's regulation game is clever: they loosen large transfers but tighten the Travel Rule, shifting compliance costs onto exchanges and users.

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MeNews
South Korea’s FIU either abandons the mandatory STR reporting requirement for large virtual asset transfers, or continues to advance the Travel Rule expansion plan.
ME News Report, May 30 (UTC+8), the Financial Intelligence Unit of South Korea (FIU) plans to no longer promote mandatory suspicious transaction reporting (STR) requirements for large-scale cross-border virtual asset transfers and personal wallet transfers, but will continue to expand the scope of Travel Rule regulation and further strengthen digital asset transaction tracking. (Source: ChainCatcher)
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