South Korea Tightens Grip On Crypto: Mixer Regulations Incoming?
Summary
South Korea's Financial Services Commission is considering regulations for virtual asset mixers due to concerns about money laundering. The US has also taken steps to regulate mixers. South Korea is cautious about US spot Bitcoin ETFs, maintaining restrictions on financial institutions from investing in virtual assets. The country's strict regulatory framework excludes crypto from the scope of underlying assets for investment contract securities.
