Not only banks but also cryptocurrency trading sites are obliged to report money laundering situations to financial authorities. Failure to report may result in a fine of up to 100 million won. Until now, penalties for failing to report transactions suspected of money laundering were applied only to existing financial metal forging companies such as banks, but it was decided to expand this to virtual asset operators. Virtual asset operators include not only cryptocurrency trading sites, but also individual businesses such as casinos and money changers.metal forging