The Financial Supervisory Service (FSS) has warned the Kookmin Bank and Nonghyup Bank regarding their lack of management of cryptocurrency transactions and Anti-money laundering (AML) regulation. The banks were ordered to submit its measures to the authority within three months as an improvement order was slashed. The FSS may force more direct sanctions in the future.
Banks face warnings over crypto transaction managementIncryptsDec 05, 20180
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