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Title: [2018-04-23]South Korean Cryptocurrency Exchanges Reveal Self-Regulation Guideli Post by: Vladdirescu87 on April 23, 2018, 03:44:56 PM Cryptocurrency exchanges in South Korea have set up rules to lift and increase transparency of deals and reduce money laundering, terrorism financing, insider trading and many other deals that have slowed down the growth of blockchain technology in the country. This group of exchange platform include the likes of Upbit, OkCoin, Bithumb, among others.
The Korean Blockchain Association started considering the development of a self-regulatory framework for the domestic cryptocurrency exchanges back in February 2018. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/south-korean-cryptocurrency-self-regulation-guidelines/ https://coinidol.com/upload/resize_cache/iblock/504/900_900_1/504cf575831e5f2f3c055e71f5592ff8.jpg Title: Re: [2018-04-23]South Korean Cryptocurrency Exchanges Reveal Self-Regulation Guideli Post by: veleten on April 24, 2018, 04:47:18 PM Cryptocurrency exchanges in South Korea have set up rules to lift and increase transparency of deals and reduce money laundering, terrorism financing, insider trading and many other deals that have slowed down the growth of blockchain technology in the country. -snip- read: we are introducing more stringent KYC rules and enforcing obligatory checks although some of the measures are good for a potential customer like holding a minimum equity of 2 billion won,for example the rest is nothing but another attempt to make bitcoin trading and operations with bitcoins or crypta less anonymous fighting terrorism,money laundering-think I heard it before the end result will be same-you will be obliged to send your documents,more documents and then some more documents |
