11 क्रिप्टो एक्सचेंज कथित तौर पर दक्षिण कोरिया में बंद हो रहे हैं

दक्षिण कोरिया’s financial authority is shutting down various local cryptocurrency exchanges, the Korea Herald reported on Sunday. The country’s financial regulator, Financial Services Commission (FSC), has shut down 11 local cryptocurrency exchanges due to their engagement in illegal activities.

Moreover, Darlbit and Bitsonic are among South Korean crypto trading platforms that recently declared stop business operations. However, the entire list of exchanges that are set to shut down अस्पष्ट ही रहा।

In addition, Bithumb and Upbit, दो सबसे बड़े क्रिप्टोक्यूरेंसी एक्सचेंज in the country, have been spared by the crackdown. It seems that this is because both are well-known among other क्रिप्टो ट्रेडिंग प्लेटफॉर्म that offer real-name trading accounts for their customers.

Besides, real-name registration has been compulsory in South Korea since 2018. To clarify, this is to push to root out काले धन को वैध बनाना and other fraudulent activities.

According to the report, banks were hesitant to extend partnerships with local cryptocurrency exchanges due to the low risk-reward ratio of such deals. However, the leading players of the likes of Bithumb have had their businesses continued until September.

Consequently, various smaller trading platforms saw themselves backed into a corner.

अन्य नोट में, अंतर्राष्ट्रीय क्रिप्टोकरेंसी एक्सचेंज need also to register with the Korea Financial Intelligence Unit (KFIU) by Sept. 24. Otherwise, they will have to close their shop or possibly face criminal charges.

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