South Korean financial authorities have been warning cryptocurrency exchanges for about three months now. (cryptoground.com)
Last week, local financial authorities stated that cryptocurrency investors would face fines if they did not switch their virtual accounts to ones with identities attached. (links2exchange.net)
It notes that the three conversion services that account for 97 percent of bitcoin laundering on these types of platforms should be targeted by financial authorities. (bitcoinmagazine.com)