Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe

Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe

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Source: Coindesk.com

Crypto.com says it’s postponing a planned app launch in South Korea after reports of an on-site inspection of the exchange’s activities by local regulators. The inspection was over alleged failures to prevent money laundering, according to reports. Crypto.com says it maintains the "highest” anti-money laundering standards in the industry.

Read More https://www.coindesk.com/policy/2024/04/23/cryptocom-postpones-south-korea-launch-after-reports-of-money-laundering-probe/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe" appeared first here Coindesk.com.

Source: Coindesk.com

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