Foreign News: Korean Cryptocurrency Exchange Seeks 'Tight' Solution Against Money Laundering

According to CryptoNews, there are only a few months until the new rules that require all South Korean cryptocurrency exchanges to apply unofficial Financial Protection Rules (AML). to the right. Lee Jong-cheol, a blockchain industry expert and former banker, said major South Korean exchanges appear to be committed to announcing solutions that allow clients to quickly withdraw their first anti-money laundering and KYC contracts. in one step. “Financial protection solutions seem to work,” he said. Bank. - A 'financial' solution before the new law was passed in February. Upbit said it was working with Chainalysis to 'develop' the AML system. Bithumb has partnered with a company called OctaSolutions to provide solutions to the test consumers under its new content management system (STR) The two exchanges, Coinone and Korbit, have partnered with Able Consulting, a provider of financial protection solutions.