fiu

South Korea proposes expanding FIU authority over unregistered crypto companies

- A South Korean lawmaker proposes granting additional powers to FIU (Financial Intelligence Unit)
- FIU will be allowed to investigate suspected violations and directly hand them over to law enforcement agencies
- Applies to unregistered crypto operators
- The RSS source has not provided any further details on the approval process

#BinanceSquare #CryptoNews #SouthKorea #Regulation #FIU

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Source: CoinTelegraph