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Standard

Act on Reporting and Using Specified Financial Transaction Information

South Korean anti-money-laundering law setting financial transaction reporting duties, including the licensing regime for virtual asset service providers.

Known aliases

  • Specified Financial Information Act
  • Specified Financial Transaction Information Act

Current stories

investConfirmed3 publishers

BitGo Korea clears the VASP gate on its own paperwork, and license resale values wobble

Korea's FIU accepted BitGo Korea's registration on the 18th, the first foreign digital-asset firm to register directly through a domestic subsidiary instead of buying one.

Perspective Coverage

3 publishers
Builder
Builder 13%
Operator
Operator 44%
Investor
Investor 43%

Reality

Evidence62
Adoption30
Hype gap+20
Incentives65
Confidence66