Search results for Compliance Program
Crypto
U.S. Treasury pushes transaction monitoring duties for stablecoin issuers, mandates blocking and freezing
The U.S. Treasury is preparing implementing rules that would effectively make anti-money laundering, counter-terrorist financing and sanctions compliance systems mandatory for payment stablecoin issuers, requiring them to be able to block, freeze or reject certain transactions. A joint proposal by FinCEN and OFAC was issued to implement the Genius Act, signed by President Donald Trump in July 2025. Separately, the FFDIC proposed rules on deposit insurance treatment. Debate over the Clarity Act is delayed in Congress.
People
Kakao wins presidential citation at 25th Fair Trade Day for small business cooperation
Kakao said on Tuesday it received a presidential citation at an event marking the 25th Fair Trade Day in Seoul for cooperation in the mobile gift certificate market and contributions to small merchants\' digital transition. The company said it helped develop shared-growth models such as lowering fees and shortening settlement cycles, and participated in revising standard terms to raise refunds for expired mobile gift certificates.
AI & Enterprise
Hancom Lifecare declares adoption of fair trade compliance program
Hancom Lifecare said on Tuesday it held a ceremony at its headquarters in Yongin, Gyeonggi province, to declare the adoption of a fair trade compliance program. The company described the program as an internal compliance system designed to help firms follow fair trade laws and prevent potential violations. Hancom Lifecare said it will establish procedures and standards, and build training and monitoring systems. CEO Kim Sun-young said adopting the program is essential for sustainable growth.