South Korea has fresh rules for crypto exchanges

Crypto Exchange News

The Financial Services Commission (FSC) has exposed new crypto regulatory rules and guidelines covering AML and KYC requirements for crypto exchanges. The exchanges should conduct Customer Due Diligence (CDD) and Enhanced (EDD) along with certain background checks. This is the first measure taken by the government for effective regulation of the crypto market.

Leave a Reply

Your email address will not be published. Required fields are marked *