The put up South Korea’s Biggest Banks Face Inspection into Cryptocurrency Accounts: Report appeared first on CCN

South Korean authorities are reportedly launching inspections into financial institution accounts associated to cryptocurrency exchanges to crack down on cash laundering and speculative buying and selling. According to Korean publication Yonhap, South Korea’s Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service (FSS) are collectively inspecting banking accounts offered to cryptocurrency exchanges in six main native banks. The

The put up South Korea’s Biggest Banks Face Inspection into Cryptocurrency Accounts: Report appeared first on CCN

This article sources data from CCN