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South Korea Customs Uncovers 47 Money Exchange Firms in Crackdown on Illegal Virtual Asset Handling

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2026-07-07 08:39:46
South Korea's Korea Customs Service said it uncovered 47 money exchange businesses involved in illegal activities, including handling virtual assets, following a targeted enforcement operation.

According to NS3.AI, the agency inspected 104 businesses as part of a focused crackdown that began in March.

The customs service did not provide further details on the specific violations or any penalties in the information released.
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