FIU Visit Delays Crypto.com’s South Korea Launch amid Regulatory Scrutiny
According to the reports, FIU identified “concerning matters” with the documents submitted by Crypto.com related to anti-money laundering compliance.
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MCO is ERC-20 token. Purchase and holding (“Lock Up”) of token is required if you want to order one of the Platinum cards (Ruby Red and higher the five platinum MCO Visa Cards (Ruby Steel, Jade Green, Royal Indigo, Icy White or Obsidian Black). You can buy the token in our MCO Wallet App and/or on exchanges, such as Binance, Bittrex, and Bithumb. We will be adding more exchanges in the future.
According to the reports, FIU identified “concerning matters” with the documents submitted by Crypto.com related to anti-money laundering compliance.
According to Crypto.com CEO, Bitcoin halving would be a buy-the-rumour, sell-the-news event. In the short term, it could lead to price volatility but would be overall positive in the long term.
The collaboration between Dubai and Crypto.com is anticipated to be beneficial for both parties as the UAE seeks to revolutionize its financial sector through cryptos.
A Shiba Inu whale moved more than $19 million from a Crypto.com wallet to a rumored multisig wallet be owned by BitGo.
Crypto.com plans to launch retail trading in South Korea on April 29th in order to replace its previously acquired local exchange OK-BIT’s services. The company faces regulatory hurdles but eyeing South Korea’s active crypto market amidst stiff competition.