Abolition of the virtual asset Travel Rule amount threshold

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It is reported that the amendment to the Act on Reporting and Use of Specific Financial Information, which abolishes the monetary threshold for the Travel Rule on virtual assets (digital assets), will take effect on the 20th following its approval by the Cabinet on the 11th.

For more details, please refer to https://www.digitalasset.works/news/articleView.html?idxno=42351

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