South Korea's FSC Tightens Crypto Withdrawal Rules

South Korea's Financial Services Commission (FSC) will tighten exception rules for crypto exchange withdrawal delay systems to curb voice‑phishing fraud. Under new unified standards (trading frequency, account history, deposit/withdrawal amounts) and with five‑minute asset reconciliation and ongoing audits, the FSC expects exception rates to fall sharply and will monitor flagged accounts. The move reduces a previously large channel for fraud (June–Sept 2025 exceptions drove most losses) and could tighten on‑chain/fiat liquidity on exchanges short‑term. Offsetting that, positive institutional flows — $335.8M into Bitcoin ETFs and $96.4M into Ethereum on April 22, 2026 — are supporting BTC prices near $77.3k. Net effect: regulatory pressure balanced by ETF demand, producing a mixed near‑term outlook for BTC.