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South Koreans Rejoice As Crypto Exchanges Get Support from Local Banks

South Koreans Rejoice As Crypto Exchanges Get Support from Local Banks

South Korea’s confusion about cryptocurrency exchanges having support from local banks has finally been cleared by the Financial Services Commission (FSC) of South Korea. Financial Services Commission Commissioner, Choi Jong-Ku said, “There exists no issue in banks providing virtual bank accounts to cryptocurrency exchanges. If digital asset trading platforms have KYC and AML systems in...