|
![]() Six unnamed commercial banks in South Korea are being carefully studied by regulators relation for their relationship with bitcoin exchange ecosystem in the country. ![]() 08.Jan.18 10:54 PM By Daria Zaytseva Photo Toinnov.com |
![]() |
According to a January 8 statement, the Korea Financial Intelligence Unit and the Financial Supervision Service want to know whether the banks that offer bills for cryptocurrency trading, are properly observing the rules for combating money laundering and customer identification. The government of South Korea is controling the trade in cryptocurrencies, considering all possible options, including closing of exchanges with cryptocurrencies to maximize side effects of cryptocurrency trading - fraud using cryptocurrencies, cyber hacks on cryptocurrency exchanges, and irrationally overheated speculation. Less than a week ago, South Korean news organization Yonhap News announced that this month the country would begin implementing new rules for exchanging cryptocurrencies. Officials for the first time identified plans for a closer look at the exchange ecosystem of Korea in December. |