Korean exchange Bithumb has partnered with Chainalysis to monitor transactions and ensure compliance with new South Korean regulations
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Korean exchange Bithumb has partnered with Chainalysis to monitor transactions and ensure compliance with new South Korean regulations
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South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Also read: Bitcoin Legal […]
The post South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards appeared first on Bitcoin News.
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