Tip: New Crypto Regulations From Korean Regulators Will Close Cryptocurrency Exchanges

11月
04
2020-11-4 10:17
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According to the Cryptocurrency News on November 4, players in the Korean crypto industry were concerned that the Korean financial authorities were overcrowding banks. According to new regulations announced this week, South Korean regulators said banks should use their own anti-money laundering (AML) risk measures to determine the risk of doing business with cryptocurrency exchanges. . The move angered the Korean cryptocurrency community. And some cryptocurrency sources in South Korea have said that if the bank refuses to trade with the exchange, the exchange will be forced to close. First, on November 3, Korea announced that it would start enacting legislation governing changes to the “Special Income Policy”. .

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