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Tag: Limit Money Laundering

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South Korean Crypto Credit Card Ban Will Be Launched To Limit Money Laundering

Central issues: The Monetary Administrations Commission proposes a revision to boycott South Korean crypto Mastercard exchanges for digital money buys on unfamiliar trades. The move is driven by worries about unlawful asset outpourings, illegal tax avoidance, and speculative exercises in the crypto market. The Monetary Administrations Commission (FSC), the country’s top monetary administrative body, has…
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