Bitcoin Regulation: South Korea is Making Progress

Marko Vidrih
3 min readJun 20, 2018

On June 8th, the South Korean Advisory Committee met to develop a legal framework for national crypto exchanges. Following the Coinrail Market’s recent hack, the South Korean government is enforcing stricter investor protection guidelines: Know Your Customer (KYC) and Anti-Money Laundering (AML).

Crypto-exchanges are recognized as financial institutions

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Marko Vidrih

Most writers waste tremendous words to say nothing. I’m not one of them.