South Korea's FSS conducts first post-regulation inspection of virtual asset exchanges.

South Korea's Financial Supervisory Service (FSS) will conduct its first inspection of virtual asset exchanges since July's stricter regulations aimed at curbing illegal trading. The FSS will assess compliance and monitor for suspicious transactions across several exchanges. Meanwhile, India has enacted strong anti-money laundering rules and a 30% tax on cryptocurrencies, actively targeting fraudulent operations in the sector.

September 03, 2024
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