The commissioner of the Financial Services in South Korea, Choi Jong-Ku revealed that crypto exchanges should not encounter issues with the banking provisions. The Commissioner mentioned, “There exists no issue in banks providing virtual bank accounts to cryptocurrency exchanges” adding that the trading platforms should comply with the KYC and AML systems.
Finance authority permits banks to support crypto exchangesIncryptsOct 31, 20180149
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Jan 10, 2019
Jan 09, 2019