South Korea Eliminates Crypto Travel Rule Threshold
South Korea has decided to eliminate the 1 million won threshold for its crypto Travel Rule, applying information-sharing requirements to all transfers between registered Virtual Asset Service Providers (VASPs). This move aims to tighten regulations on both domestic and overseas crypto transactions.
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South Korea scraps 1M won crypto Travel Rule threshold
South Korea will apply its crypto Travel Rule to all domestic VASP transfers while tightening controls on overseas exchanges and personal wallets.
South Korea drops Travel Rule threshold for crypto transfers
South Korea will remove its 1 million won Travel Rule threshold and apply information-sharing requirements to all transfers between registered crypto service providers.

