Recently, there is news worth paying attention to - a trading platform has officially obtained a compliance license from South Korea’s Travel Rule CODE.
This certification is not as simple as a formality. To pass this verification, the platform must meet the standards of South Korean regulators in terms of user identity verification, transaction process transparency, and on-chain data tracking. To put it bluntly, you have to be excellent from technology to process to get this “ticket”.
The platform has also stated that obtaining compliance qualifications this time will directly help them build trust in the global market. After all, users are now paying more and more attention to whether the platform is formal and whether the safety of assets is guaranteed. They mentioned that they will continue to strengthen the asset protection and transaction security system for international users, taking the route of “security and compliance”.
From an industry perspective, South Korea, as one of the important crypto markets in Asia, has always had strict compliance requirements. Being able to get this certification shows that the platform has indeed put in effort in compliance construction.
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A trading platform has obtained compliance certification from South Korea's Travel Rule, and its safety supervision system has been upgraded
Recently, there is news worth paying attention to - a trading platform has officially obtained a compliance license from South Korea’s Travel Rule CODE.
This certification is not as simple as a formality. To pass this verification, the platform must meet the standards of South Korean regulators in terms of user identity verification, transaction process transparency, and on-chain data tracking. To put it bluntly, you have to be excellent from technology to process to get this “ticket”.
The platform has also stated that obtaining compliance qualifications this time will directly help them build trust in the global market. After all, users are now paying more and more attention to whether the platform is formal and whether the safety of assets is guaranteed. They mentioned that they will continue to strengthen the asset protection and transaction security system for international users, taking the route of “security and compliance”.
From an industry perspective, South Korea, as one of the important crypto markets in Asia, has always had strict compliance requirements. Being able to get this certification shows that the platform has indeed put in effort in compliance construction.