1. South Korea Tightens Access to Overseas Exchanges: Identity‑and‑Purpose Verification Added for Cross‑Border Crypto Transfers link

Following the removal of overseas‑exchange apps including Bybit, MEXC and HTX from South Korea’s local Google Play store, South Korea is further tightening workflows for crypto‑asset transfers to offshore platforms. Under the amended Enforcement Decree of the Act on Reporting and Using Specified Financial Transaction Information, domestic exchanges will henceforth decide whether to permit outbound transfers based on the risk tier of overseas platforms. When sending funds to certain offshore exchanges or personal wallets, users may be required to prove account ownership, state transaction…