Odaily Planet Daily News: South Korean virtual asset service providers (VASPs) must now disclose comprehensive information, including details of their organization, employees and facilities, to comply with cryptocurrency regulations. VASPs must also report information on major shareholders. In addition, they are also required to submit any changes to such information within a specific time frame. These regulations will further clarify the standards that banks must follow when issuing real-name bank accounts to VASPs, aiming to reduce risks. These regulations will come into effect on June 27. (Ajunews)