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Deep Tide TechFlow News, April 8th, according to CoinDesk reports, the Korea Financial Services Commission and the Financial Supervisory Service jointly issued new regulations requiring all domestic cryptocurrency exchanges to adopt a unified withdrawal delay review standard to curb voice phishing scams.
The new regulations eliminate the authority of individual exchanges to set their own withdrawal exemption conditions, instead conducting reviews based on account history, trading patterns, and sudden behavioral changes. It is estimated that less than 1% of users will qualify for instant withdrawals. Platforms must also strengthen identity verification and monitor fund flows.
Previously, scam groups exploited the exemption rules of various platforms to guide victims to convert cash into cryptocurrencies within minutes and complete transfers.