Coin Marchant- Faucet List -Buy-Sell-cryptocurrency-ICO-list logo Coin Marchant- Faucet List -Buy-Sell-cryptocurrency-ICO-list logo
Cryptopolitan 2019-09-21 16:00:40

OKEx Korea implements latest FATF travel rules, terminates privacy coins trading

New Financial Action Task Force (FATF) travel rules have sparked controversy in the crypto realm. Now, OKEx Korea has said that trading and support has been terminated on five crypto assets given the latest FATF travel rules. In June this year, FATF announced the new rules about cryptocurrencies and that includes the rather contentious ‘travel rule’. It states that all the information, including name, records, location, account number etc., related to a customer’s cryptocurrency transactions be recorded and stored by the relevant cryptocurrency exchanges. The very idea behind privacy coins is to provide cover to its owner. They are difficult

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer