South Korean regulators continue to impose strict regulatory policies around the crypto space. Financial Services Commission (FSC), the top regulatory body in the country is now targeting foreign crypto exchanges using the national Korean Fiat. The chief regulator said any foreign exchange serving Korean customers must register with the country’s anti-money laundering body.
The comments were made by Eun Sung, the chairman of the chief regulatory body in the country. Sung was responding to a question regarding the compliance of Binance and whether the world’s largest crypto exchange would have to adhere to new regulations being introduced in September.
The new anti-money laundering guidelines were approved in January and came into effect in March, but later extended to September, which would require crypto exchanges to have real bank accounts under stricter guidelines. None of the 200 crypto exchanges operating in the country filed for the compliance license under new regulations an
Źródło: https://coingape.com/just-in-korean-regulators-extend-aml-guidelines-for-foreign-crypto-exchanges/
