# Ukraine’s state security shuts down illegal crypto exchanges

# Ukraine’s state security shuts down illegal crypto exchanges

“# Ukraine’s state security shuts down illegal crypto exchanges ” Security Service of Ukraine (SBU) has shut down several crypto exchanges reportedly involved in illegal financial transactions since the start of 2021. According to a statement by the SBU on Wednesday, the network of “clandestine cryptocurrency exchanges” were based in the country’s capital Kyiv and…

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# South Korea’s crypto regulation is now expanding to foreign businesses

# South Korea’s crypto regulation is now expanding to foreign businesses

“# South Korea’s crypto regulation is now expanding to foreign businesses ” Due to their anonymity or pseudonymity, digital assets are perceived as entailing the risks of money laundering and financing terrorism. In October 2018, the Financial Action Task Force (FATF) adopted changes to its recommendations on financial activities involving digital assets, adding the definitions…

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