South Korea to Examine three Banks Over Crypto Trade Compliance Norms

New Regulation Forces South Korean Cryptocurrency Exchange to Suspend Trading

South Korea’s major monetary regulator has confirmed upcoming inspections of three main home banks that present companies to cryptocurrency exchanges over their compliance with new AML norms. In a press release on Monday, the Monetary Companies Fee (FSC) stated it will likely be conducting on-site inspections of Nonghyup Financial institution, Kookmin Financial institution and Hana Financial institution between April 19 … Continued

The publish South Korea to Examine three Banks Over Cryptocurrency Trade Compliance appeared first on CCN

Daily Deals