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South Korea Implements Unified Crypto Withdrawal Rules to Combat Phishing

South Korean financial regulators have introduced unified and stricter standards for the cryptocurrency withdrawal delay system to combat voice phishing. Key Takeaways: FSC and DAXA implemented unified rules after data s...

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South Korea Implements Unified Crypto Withdrawal Rules to Combat Phishing
South Korean financial regulators have introduced unified and stricter standards for the cryptocurrency withdrawal delay system to combat voice phishing. Key Takeaways: FSC and DAXA implemented unified rules after data showed 59% of fraud occurred via withdrawal exceptions. The stricter mandates are projected to slash withdrawal exception eligibility by more than 99%. FSS and DAXA […]

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