Korea Urged Binance to Implement New System to Freeze Assets

Korea Urged Binance to Implement New System to Freeze Assets

The South Korea Financial Services Commission (FSC) has instructed Binance, the world’s biggest cryptocurrency exchange, to adopt a fresh wallet identification and asset-freezing mechanism. This step is part of FSC’s crackdown on cryptocurrency exchanges that are functioning in the country, with Binance being the most recent target of the investigation. Korean Crypto Crackdown  Furthermore, some of the leading Korean exchanges …

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