South Korea’s FSC is considering a preemptive payment freeze system for crypto wallets suspected of market manipulation, even before full evidence is available. The proposal aims to stop rapid ...

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South Korean financial authorities are weighing a new enforcement tool that would allow them to freeze crypto-related accounts before suspected gains are cashed out. The proposal, described as a ...

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South Korea’s Financial Services Commission (FSC) is considering implementing a “payment freeze” system to prevent suspected crypto market manipulators from concealing or withdrawing illicit proceeds.