KYC Headaches coming for South Korean Exchanges
Headaches Horizon

KYC Headaches coming for South Korean Exchanges

Source: Adobe/PRPicturesProductionIn the South Korean crypto world, when it rains, it pours. Fresh from a regulatory crackdown that has led to mass crypto exchange shutdowns, the handful of still-functioning trading platforms are now facing up to fresh know-your-customer (KYC) protocol-related heartache.Per the Chosun Ilbo, a spate of new regulatory requirements that came into force last…