South Korea Implements Unified Crypto Withdrawal Rules to Combat Phishing
By Terence Zimwara
South Korean financial regulators, including the FSC and DAXA, have introduced unified and stricter standards for cryptocurrency withdrawal delay systems to combat voice phishing. Data revealed that 59% of fraud cases occurred through withdrawal exceptions. The new mandates are projected to reduce withdrawal exception eligibility by more than 99%.
Not financial advice. Do your own research before making investment decisions.