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Gov’t to Set Guidelines for Automated/Online Currency Exchange Services

Gov’t to Set Guidelines for Automated/Online Currency Exchange Services

SEJONG, Feb. 21 (Korea Bizwire) – Starting next month, it will be possible to make currency swaps for up to $1,000 and $2,000 via automated kiosks and online services operated by fintech firms.  The government announced on Tuesday that it had been working on modifications to foreign currency exchange regulations which it expects to go [...]