Re: South Korea officially recognizes cryptocurrency exchanges as financial... 🔥🔥

South Korea for now recognizes crypto currency exchanges as financial institutions. It's a GOOD news and BAD news... More info here: https://blockchainmuffin.com/south-korea-officially-recognizes-cryptocurrency-exchanges-as-financial-institutions

To me it's a very good news. I have no problem with (KYC) and (AML) things.

Agree. Unless you're engaged in any criminal activities, you should be happy about that. What's the problem with (KYC) and (AML) if you are not a criminal, right?

This is indeed a good news because South korea is a great market for cryptocurrency. I also dont have problem with the KYCA as long as the project is good and legal. Maybe people are just afraid to be scam so they dont want to expose their personal details.