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South Korea Implements Legal Framework to Protect Crypto Community

South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details

South Korea has implemented its much talked-about “Virtual Asset User Protection Act” that defines the dos and don’ts for crypto firms, that wish to offer their services in the nation. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing. The South Korean government appears to have mirrored the laws implemented by other regions…


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