Cryptocurrency8 Apr 2026SEO 801 min read

Analysis: South Korea takes away exchange discretion in a major anti-phishing crackdown

The new rules apply uniform criteria for withdrawal exceptions based on account history and transaction patterns. South Korea's financial regulators have…

The new rules apply uniform criteria for withdrawal exceptions based on account history and transaction patterns. South Korea's financial regulators have ordered all domestic crypto exchanges to adopt a single withdrawal delay system to combat voice phishing scams. The new rules apply uniform criteria for withdrawal exceptions based on account history and transaction patterns. Fewer than 1% of users are expected to qualify for instant withdrawals, and exchanges must strengthen identity che…

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