South Korea Tightens Crypto Withdrawal Delay Exemptions
Airfind news item
By Ezra Reguerra
Published on April 8, 2026.
South Korea's Financial Services Commission (FSC) has announced it will tighten the exception rules under the withdrawal-delay system for crypto exchanges, following a finding that scam-linked accounts granted exemptions accounted for most voice-phishing-related losses from June to September 2025. The strengthened framework, developed with the Financial Supervisory Service (FSS) and the Digital Asset eXchange Alliance (DAXA), will impose unified standards on when users can bypass withdrawal delays. The change is expected to reduce the number of users eligible for exemptions sharply. The FSC also plans to strengthen oversight of users granted exemptions through periodic checks and monitoring suspicious withdrawal activity.
Read Original Article