Deep Tide TechFlow News, June 19th, according to Korean media SBS Biz reports, the Korean government is advancing the drafting of supporting regulations for the revision of the Foreign Exchange Transactions Act, planning to officially include virtual asset cross-border transfer services into the foreign exchange regulatory framework starting from December this year. In addition to existing virtual asset trading platforms, regulatory authorities are also studying plans to allow fintech companies with relevant capabilities to participate in this business. If implemented, blockchain-based cross-border remittance and exchange services are expected to operate within a compliant framework, and the scope of market access may expand further than previously anticipated.

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