Close Menu
    Facebook X (Twitter) Instagram
    ESP Blockchain Journal
    • Noticias
      • Noticias Blockchain
      • Noticias Bitcoin
      • Noticias Ethereum
      • Noticias Ripple
      • NFT
      • Metaverso
      • DeFi
      • Noticias Tron
      • Noticias Litecoin
      • Noticias Monero
      • Noticias Cardano
      • Noticias Stellar
      • Noticias Algorand
      • Noticias Dogecoin
      • Noticias Polkadot
      • Noticias Kusama
      • Noticias Solana
      • Opinión
    • Análisis de Precios
    • Academia Cripto
    • Contacto
    • bandera
    ESP Blockchain Journal
    Home»Noticias»South Korean banks have tightened the requirements for cryptographic trading because of the new rules FATF

    South Korean banks have tightened the requirements for cryptographic trading because of the new rules FATF

    0
    By BlockchainJournal on julio 29, 2019 Noticias
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Leading South Korean cryptocurrency exchanges faced stricter requirements from local banks due to the new rules from the Financial Action Task Force on Money Laundering (FATF). Reported by The Block .

    In particular, from four cryptobirds – Bithumb, Upbit, Coinone and Korbit – demanded the introduction of enhanced measures to counter money laundering to extend the validity of bank accounts of companies.

    It is alleged that previously financial institutions "without any objections" extended this period every six months. Nevertheless, the new FATF rules impose responsibility for money laundering on banks, and therefore they decided to raise the requirements for crypto-counterparts already starting this month.

    Some experts believe that the introduction of FATF standards can provoke the departure of small and medium Bitcoin exchanges from the crypto market.

    Earlier, the South Korean regulator ordered local cryptocurrency trading platforms to compensate the damage to their customers, even if the loss of funds is not their fault.

    Note also that FATF presented the final version of the guidelines for the cryptocurrency industry on June 21.

    BlockchainJournal has a separate article on how they will affect the digital assets market and its regulation .

    Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    bitcoin Bithumb Coinone Featured Korbit Telegram Upbit
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Hyperliquid pide propuestas para lanzar USDH en medio de objeciones por equidad en la gobernanza

    septiembre 5, 2025

    SharpLink explorará el staking de parte de su tesorería en Ethereum en la red Linea

    septiembre 5, 2025

    Strategy Inc. enfrenta obstáculos para entrar al S&P 500 por su volatilidad y dependencia de Bitcoin

    septiembre 5, 2025

    Wallet Antigua despierta: 479 BTC (52 millones USD) movidos tras 13 años

    septiembre 5, 2025

    World Liberty Financial bloquea la wallet de Justin Sun en medio de la polémica por WLFI

    septiembre 4, 2025

    SEC apuesta por una agenda pro-cripto con una serie de rulemakings sobre activos digitales

    septiembre 4, 2025
    Buscar
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Blockchainjournal

    Type above and press Enter to search. Press Esc to cancel.

    Utilizamos cookies para asegurar que damos la mejor experiencia al usuario en nuestra web. Si sigues utilizando este sitio asumiremos que estás de acuerdo.