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At Least 10 South Korean Crypto Exchanges’ ‘Survival Not Guaranteed’

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Coinness reporter

Wed, 07 Apr 2021, 01:45 am UTC

More South Korean crypto exchanges are almost certain to fold in the months ahead, regulators and industry insiders have claimed, with just five months left before some of the toughest policing measures in the world come into force.

Per Fn News, regulatory sources familiar with the matter claim that “at least 10 exchanges” are on the verge of closure and that their “survival cannot be guaranteed” after failing to meet real-name banking requirements.

Coinness

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