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South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million

Posted on 08/29/2023

South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million

South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September. Read on to learn more.

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