South Korea to inspect crypto exchanges for suspicious transactions 🇰🇷

South Korea's Financial Supervisory Service (FSS) is set to enforce stricter regulations on cryptocurrency exchanges. This move aims to detect and prevent suspicious transactions, ensuring better oversight in the crypto market.

Exchanges found to be noncompliant may face serious legal repercussions. The enforcement signals the government's commitment to maintaining a secure and transparent financial environment.

The FSS's actions come amid rising concerns over illicit activities in the cryptocurrency sector and are part of broader efforts to safeguard investors.