Cyptocurrency exchanges in South Korea will be required to establish bank reserves of at least 3 billion won ($2.3 million). The move is viewed as a component of the country’s endeavours to further develop purchaser security estimates in the quickly developing cryptographic money area. South Korea’s driving crypto trades, including Upbit and Bithumb, are purportedly adjusting their tasks to new rules set by the Korean Banks Alliance. South Korea to require crypto exchanges to keep reserves of at least 20 billion won The “Virtual Asset Real Name Account Operating Guidelines,” which were published in July, stipulate that crypto exchanges must The post South Korea Enforces New Cryptocurrency Exchange Rules 📜 appeared first on Cryptoknowmics-Crypto News and Media Platform .
