Urgent.News

600+ sources. One page. See who else covered it.

Editions

More in Finance & Markets

South Korea Tightens Crypto Exchange Screening

The scope of screening for virtual asset service providers will be expanded from existing representatives and executives to include major shareholders, and substantive verification of financial…

  • South Korea expands crypto exchange screening to major shareholders and social creditworthiness.
  • Debt-to-equity ratio limit set at 200% or below for compliant exchanges.
  • Operators required to have 4 AML staff, compliance officer, and ISMS certification.