Crypto Exchanges Step-up AML Compliance in South Korea

Crypto Exchanges Step-up AML Compliance in South Korea

The cryptocurrency exchange in South Korea has revealed their plan in partnering with the U.S in accelerating AML measures related to cryptocurrencies. However, the U.S has found inadequate measurements of AML requirements among the Korean Banks instead. Local banks that are suspected to be failed in following the guidelines has been notified for further investigations.

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