The exchange said the decision has been taken as these coins violate the Financial Action Task Force (FATFs) "travel rule."
I've heard the same about Upbit, Kraken and the number of other exchanges. So please HELP! What should I choose in order to feel safe??
I've been talking about this for a while and for some reason people haven't taken seriously the possibility that it will happen. Everyone will have to prove the history of where their money came from.
This isn't happening only in Korea. It will happen in US and EU too as FATF hq is in France and the fact that they get korean exchanges obeying them says a lot. Origin of wealth will neeed to be auditable in the future and it's already started.