The number of suspicious transaction reports issued by virtual asset operators in South Korea last year increased by 49% compared with the previous y

Due to South Korean financial authorities encouraging the proactive reporting of suspicious transactions related to virtual assets, the number of suspicious transaction reports from virtual asset operators increased by 49% compared to the previous year. On February 14th, the Financial Intelligence Unit (FIU) of the Financial Services Commission of South Korea announced that the number of suspicious transaction reports received by virtual asset exchanges and other virtual asset business operators increased by 49% compared to the previous year, and the proportion of STR in the total also increased from 1.2% to 1.7%.