Search results for Travel Rule
Crypto
U.S. banks call for stablecoin rules to cover secondary market trading
U.S. banking groups have urged regulators to clearly extend anti-money laundering rules for stablecoins beyond issuance to secondary market trading. The crypto industry has pushed back, warning that imposing responsibility for transactions issuers cannot control could shrink the DeFi ecosystem. The debate centres on who should monitor transfers after issuance, including movements between exchanges, DeFi protocols and private wallets, and how far regulatory responsibility should reach.
Crypto
Dunamu launches Upbit Skills for AI agents to lower API barrier
Dunamu, operator of the Upbit digital asset exchange, on Thursday launched \"Upbit Skills\" to help users tap Upbit API functions using AI agents. The resource provides reference guidance and materials for AI coding agent environments that support skills. It is designed to help agents perform tasks such as price checks, balance inquiries, orders and deposit and withdrawal lookups through the Upbit command-line interface.
Crypto
Exchanges push to cut fee reliance as digital asset results freeze
South Korean digital asset exchanges are accelerating efforts to diversify revenue as trading values fall and profitability weakens. The five biggest won-market exchanges logged $27.8 billion in trading from May 1 to 17, down from earlier months. Dunamu and Bithumb reported sharp first-quarter declines in revenue and operating profit, with trading fees accounting for nearly all sales. Exchanges are expanding partnerships, overseas ventures and Web3 infrastructure, while facing regulatory uncertainty.
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Crypto
Eyes on amended AML enforcement decree as industry fears burden from digital asset rules
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Crypto
Solana unveils enterprise blockchain platform with Mastercard, Western Union among participants
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Finance
K Bank to support digital asset-based remittance and payment services between South Korea and UAE
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Crypto
Lee Eok-won vows to crack down on crypto money laundering, expand travel rule to transactions under 1 million won