South Korea Implements Unified Crypto Withdrawal Rules to Combat Phishing – Regulation Bitcoin News
Key Takeaways: FSC and DAXA implemented unified rules after data showed 59% of fraud occurred via withdrawal exceptions. The stricter mandates are projected to slash withdrawal exception eligibility by more than 99%. FSS and DAXA will now conduct regular audits and annual fund verifications to prevent future smurfing. Criminals Exploit Lax Exception Standards South Korea’s…
