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cryptonews 2021-05-21 14:30:00

Bank Risk Assessment May Threaten Bithumb, South Korean Crypto Exchanges

South Korean banks are set to audit crypto exchanges’ senior managers as part of their due diligence and risk assessment protocols for real-name banking contracts – and there are concerns Bithumb officials may struggle to pass the checks due to previous and ongoing fraud allegations.Bank-conducted risk assessment is now mandatory for crypto exchanges, which must

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