South Korean Crypto Exchange OKEx to Shut Down

Mar 23, 2021

OKEx, one of South Korea’s largest crypto exchanges, announced it will close down due to new anti-money laundering (AML) guidelines that would make it too difficult to continue operating.

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OKEx, one of South Korea’s largest crypto exchanges, announced it will close down due to new anti-money laundering (AML) guidelines that would make it too difficult to continue operating. “The Hash” panel breaks down what new Financial Action Task Force (FATF) draft guidelines might mean for the wider crypto world.

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