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.
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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
