South Korea's Financial Intelligence Unit (FIU) has proposed expanding the Travel Rule to include small-value virtual asset transactions. This proposal was made at the FATF plenary meeting, highlighting the need to address money laundering risks in cross-border digital asset transactions. The FIU recommends applying the Travel Rule to both originating and beneficiary virtual asset service providers (VASPs) and extending its scope to smaller transactions. The proposal also suggests imposing transaction restrictions on high-risk unregistered VASPs and strengthening customer identity verification. This initiative aligns with South Korea's planned regulatory changes in August, which aim to lower the transaction threshold for the Travel Rule from 1 million won to below 1 million won, in response to the increasing use of overseas and unregistered VASPs by criminal organizations.