Published by
The Street
The Street
By PR Newswire SEOUL, South Korea, Dec. 23, 2021 /PRNewswire/ — Hyperithm, a digital asset manager based in Tokyo and Seoul, announced that it has acquired the Virtual Asset Service Provider (VASP) license from the Korean Financial Intelligence Unit (KoFIU). In accordance with the revised Act on the Reporting and Use of Specific Financial Transaction Information, which came into effect in March 2021 in Korea, crypto-related businesses must acquire the VASP license to continue their operations. Qualifications for the license consist of Information Security Management System (ISMS) certificatio…