South Korea\'s digital asset industry is watching proposed amendments to enforcement and supervisory rules under the Special Financial Information Act set to take effect in August. The draft strengthens screening requirements for reporting by digital asset service providers and expands anti-money laundering duties for transfers. It would extend the travel rule to transfers under 1 million won and require additional steps for receiving providers. It also sets reporting duties for certain overseas transfers and tightens customer verification and entry reviews.

Samsung Electronics\' labour union secured the legal right to strike after 93.1 percent of voting members backed industrial action, and it signalled a general strike in May. Three unions took part, with 66,019 of 89,874 eligible members voting. The union said pay talks failed to narrow differences and it will hold a rally on April 23. Key demands include greater transparency in bonus calculations, scrapping bonus caps and a 7 percent pay rise.