[South Korea's FIU Proposes Expanding the Scope of Small Transactions Under the Virtual Asset Travel Rule] According to Digital Asset, South Korea's Financial Intelligence Unit (FIU) proposed at the FATF plenary meeting to expand the scope of small transactions under the Virtual Asset Travel Rule and suggested implementing transaction restrictions on high-risk unregistered virtual asset service providers (VASPs). The South Korean delegation emphasized that as the risk of money laundering through cross-border digital asset transactions increases, member states should apply the Travel Rule to both the remitting and receiving VASPs and extend its scope to include small transactions. In response to the growing number of cases involving criminal organizations using overseas and unregistered VASPs, South Korea recommended strengthening customer identity verification obligations and considering transaction restrictions for high-risk unregistered VASPs.