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South Korea targets sub-$680 crypto transfers in sweeping AML crackdown

Cointelegraph by Ezra Reguerra

South Korea’s AML overhaul introduces stricter reporting, bans offenders from owning VASPs, and implements preemptive freezes to prevent illicit crypto flows.

UK takes ‘meaningful step forward’ with proposed DeFi tax overhaul

Cointelegraph by Stephen Katte

The UK has proposed a “no gain, no loss” approach to decentralized finance transactions, scrapping capital gains taxes on deposits to crypto lending platforms.

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