South Korean crypto exchanges may sue the government for passing the regulatory buck upon banks. Most of the crypto exchanges in South Korea fear closure owing to the new anti-money laundering regulations that require them to submit a document to prove they have a real banking account with the native banks by September 24. However, the banks are refusing to offer their services in fear of facing penalties from the chief regulatory body.
Crypto Exchanges in South Korea Planning to Lodge a Constitutional Appeal Against the Gov
coingape.com
28 June 2021 16:21, UTC