POPA Recon✔️Government begins managing stablecoin overseas remittance directly
✔️Government begins managing stablecoin overseas remittance directly As the revision of the Foreign Exchange Transaction Act is passed by the National Assembly, overseas movement of coins and stablecoins will be included in the government's management in the future. 💡 핵심은 • Mandatory registration of overseas remittance business by exchanges and custodians • Monitoring Stablecoins' Overseas Movements, such as USDT and USDC • Cross-border coin remittance flow Directly managed by foreign exchange authorities • Strengthen punishment in case of illegal foreign exchange transactions ✍️ Previous…
The excerpt is quoted from a public Telegram channel, which owns its text.