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PANews
PANews|May 06, 2026 07:43
[South Korea's Bill on Foreign Exchange Rules for Crypto Exchanges Passes Key Committee] According to Digital Asset, the amendment to South Korea's Foreign Exchange Transactions Act has passed the plenary session of the National Assembly's Judiciary Committee. The amendment expands the scope of foreign exchange transaction regulations to include virtual asset service providers, such as cryptocurrency exchanges. The committee approved the bill during today's plenary session and adopted the revisions proposed by professional committee members. The bill has now been submitted to the National Assembly's plenary session for a final vote, which could take place as early as May 7.
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Timeline

May 06, 08:44Promote virtual asset-related derivatives and guide Busan's development
May 01, 07:41Bithumb's six-month suspension was overturned by the South Korean court
Apr 21, 14:15South Korea's National Tax Service launches procurement of cryptocurrency transaction tracking software
Apr 16, 01:45Kyobo collaborates with Ripple to explore on-chain financial infrastructure
Apr 14, 00:10South Korea retaliates against intermediaries charging USDT to undertake violent crimes
Apr 13, 10:17Coinone was suspended and fined for violating anti-money laundering obligations
Apr 08, 07:04South Korea strengthens virtual asset withdrawal delay system
Apr 08, 06:40South Korea has introduced a measure to check every 5 minutes.
Apr 07, 14:14Swiss DeFi platform Thorwallet enters the South Korean market
Apr 07, 12:41South Korea requires cryptocurrency exchanges to verify holdings every 5 minutes.

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