Litecoin confidential transactions spook Korean exchanges
October 11, 2022 by keithhill530
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[ad_1] The two exchanges cited Korea’s Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems. [ad_2] Source link
![1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2MxOTAxNDYtYjQzYy00NThhLWFhZmEtMDEwMDNjNTA3OThhLmpwZw.jpg 1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2MxOTAxNDYtYjQzYy00NThhLWFhZmEtMDEwMDNjNTA3OThhLmpwZw.jpg](https://cryptocurrencydemystifiedii.com/wp-content/uploads/2022/10/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvM2MxOTAxNDYtYjQzYy00NThhLWFhZmEtMDEwMDNjNTA3OThhLmpwZw-770x415.jpg)
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The two exchanges cited Korea’s Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.
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