The two exchanges cited Korea’s Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.
More from Cointelegraph
Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
Source Node: 1429957
Time Stamp: Jun 17, 2022
CFTC takes legal action against Digitex futures exchange and CEO
Source Node: 1713924
Time Stamp: Sep 30, 2022
El Salvador’s Bitcoin adoption may transform remittances in Central America
Source Node: 1865333
Time Stamp: Aug 25, 2021
Eth2 is no more after Ethereum Foundation ditches name in rebrand
Source Node: 1154951
Time Stamp: Jan 25, 2022
Ethereum difficulty bomb delayed but network adoption still growing
Source Node: 1353524
Time Stamp: Jun 13, 2022
Global CBDC bridge needs public and private cooperation, says BIS
Source Node: 1091575
Time Stamp: Oct 1, 2021
Is Bitcoin bullish or nah? Here is what is really going on with BTC price
Source Node: 1737865
Time Stamp: Nov 4, 2022
The city of Philadelphia rolls out its own blockchain initiative
Source Node: 1110231
Time Stamp: Nov 10, 2021
Altcoins and DeFi tokens breakout as Bitcoin price nears a key resistance
Source Node: 896202
Time Stamp: Jun 2, 2021
DeData 2022: The advantages of decentralization in Web3
Source Node: 1669418
Time Stamp: Sep 16, 2022
3 reasons why Kadena (KDA) price went on a 500% parabolic frenzy
Source Node: 1107580
Time Stamp: Nov 8, 2021