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Crypto Gate Opens? South Korea Signals Global Access Shift

  • South Korea plans to open its crypto market to foreign investors under strict anti-money laundering conditions.
  • The Financial Services Commission is considering regulatory changes to support international participation in local exchanges.
  • Current restrictions, including KYC requirements and capital controls, may be eased for exchanges that meet AML standards.
  • South Korean government authorities are intensifying monitoring of unregistered crypto exchanges to enforce compliance.

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