#Korea Will Regulate Cryptocurrency Exchanges Like Commercial Banks, Legitimizing Industry...!

wilson76 (52)in #cryptocurrency • 7 years ago

The Korea Financial Intelligence Unit (KFIU) and other local financial agencies will regulate cryptocurrency exchanges like banks, imposing strict anti-money laundering (AML) policies to ensure criminals do not utilize cryptocurrencies to finance illicit operations.

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The acknowledgement of the cryptocurrency industry as a properly regulated financial market will be beneficial for the global cryptocurrency market in the long-term, and will improve the mainstream adoption of cryptocurrencies significantly......Click here to know the details story