South Korea Lifts Ban on Crypto Exchanges: Implications for the Global Market

South Korea has taken a decisive step forward in its cryptocurrency regulation by lifting the ban on crypto exchanges, ushering in a pivotal shift in its financial landscape. The Financial Services Commission (FSC) is now enforcing stricter AML and KYC regulations to ensure transparency within the market. This move reflects the growing emphasis on regulatory clarity globally, with major implications for both local and international trading activities.