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South Korean Lawmakers Greenlight Strict Crypto AML Bill

South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.

The legislation may spell bad news for questionable ICOs. (Image via: Sean Pavone / Shutterstock)
The legislation may spell bad news for questionable ICOs. (Image via: Sean Pavone / Shutterstock)