Financial authorities in South Korea intend to initiate stringent eligibility reviews for major shareholders of cryptocurrency exchanges, mirroring the standards upheld within the banking sector, local media reported on Sept. 22. The move comes amid increasing legal turmoil involving shareholders of prominent domestic exchanges such as Bithumb and Upbit. Rule reform The Financial Intelligence Unit […]
The post South Korea to screen major shareholders of crypto exchanges over eligibility concerns appeared first on CryptoSlate.
Originally appeared here:
South Korea to screen major shareholders of crypto exchanges over eligibility concerns