
South Korea
Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report
South Korea’s biggest internet company Naver has joined the race to acquire a stake in Bithumb digital currency exchange.
OKEx Korea to shut down on April 7, cites new AML rules
The revised Financial Transactions Reports Act prohibits order book sharing, stating, “Cryptoasset providers may not allow customers to trade with...
South Korea authorities to do more to tackle digital currency tax evasion
The National Tax Service has identified some 2,400 suspected tax evaders relying on digital currencies to hide their assets, thought...
South Korea’s Shinhan Bank trials new digital currency platform
Shinhan Bank is hoping to collaborate with the central bank with the blockchain-powered platform, in order to assist with the...
South Korea digital currency exchanges to face penalties for anti-money laundering breaches
The Financial Services Commission has brought forward a new structure of penalties for exchanges that fail to properly implement anti-money...
Bithumb ramps up anti-money laundering protections
The new measures include enhanced Know-Your-Customer verification processes, as well as the introduction of new specialized blockchain intelligence technologies.
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