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South Korea

cryptocurrencies June 14, 2021

Korean banks should characterize crypto trade customers as ‘high danger’

Korean banks should characterize crypto trade customers as ‘high danger’

A further fixing of digital currency guideline in South Korea is in progress, with new standards for banks and crypto trade administrators. New standards reported by South Korea’s Financial Services Commission, or FSC, are relied upon to influence around 60 unapproved digital currency trades in the country, and another arrangement for banks will necessitate that…

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