South Korea’s FSC Flags Three Smaller Exchanges for Potential Money Laundering

Even though South Korea is one of the most important countries when it comes to cryptocurrency, it still has a lot of work to do. Regulators have recently begun cracking down on exchanges which engage in malicious behavior. As a result, three trading platforms have been investigated thoroughly by the FSC. It’s a very interesting development, and one that will have a positive long-term effect on the cryptocurrency industry as a whole. South Korean Exchanges in the hot seat While most cryptocurrency users are familiar with major South Korean exchanges such as Upbit, Bithumb, and Korbit, there are a lot of smaller trading platforms as