South Korean financial regulators plan to conduct comprehensive inspections of about 20 virtual asset exchanges this month

ChainCatcher news, according to the Chosun Ilbo, the Financial Intelligence Unit (FIU) under the Financial Services Commission of South Korea plans to conduct a comprehensive inspection of virtual asset operators this month, targeting about 20 virtual asset exchanges including FOBLGATE, GDAC, and Flybit.

Industry insiders stated that this inspection will focus on whether the exchanges are involved in money laundering using virtual assets. (Source link)