South Korea Tightens Crypto Withdrawal Delay Exemptions

South Korea’s Financial Services Commission (FSC) is implementing stricter, unified standards for crypto withdrawal-delay exemptions to prevent voice-phishing abuse. Investigations revealed that accounts granted these exemptions accounted for 75.5% of phishing-related losses between June and September 2025, largely due to inconsistent exchange policies. The new regulations require exchanges to evaluate trading patterns and history more rigorously, a move expected to reduce the number of eligible exemptions to approximately 1% of users. Additionally, the FSC is increasing oversight through periodic audits and real-time monitoring of suspicious withdrawal activity to strengthen overall exchange security.

(Source：Cointelegraph)