#daxa News & Analysis

2 articles tagged with #daxa. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

CryptoBearishcrypto.news · 3h ago7/10

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South Korea crypto AML plan sparks 5.4m report warning

South Korea's cryptocurrency sector is raising alarms over proposed anti-money laundering (AML) rule changes that could dramatically increase suspicious activity reports to 5.4 million annually. The Digital Assets Exchange Association (DAXA) is urging regulators to establish clearer compliance guidelines for crypto exchanges ahead of implementation.

CryptoBearishcrypto.news · 3h ago6/10

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Korean crypto exchanges push back against strict 10M won AML trigger

South Korea's Digital Asset Exchange Alliance, representing 27 registered cryptocurrency exchanges, has formally opposed proposed amendments to anti-money laundering regulations that would lower the reporting trigger threshold to 10 million won. The exchanges argue the stricter compliance requirements could create operational burdens and disadvantage Korean platforms against international competitors.