Dozen Crypto Exchanges Order by South Korea to Study Customer Contracts

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Dozen Crypto Exchanges Order by South Korea to Study Customer Contracts

The KFTC Korea Fair Trade Commission is the country’s supervisory authority for economic race ordered dozen (12) crypto currency exchanges to revise their contracts. Which mostly fail to deliver suitable protection for customers according to Yonhap.
South Korea Orders Exchanges to Review Agreements
Financial watchdog ordered cryptocurrency exchanges to update adhesion agreements which the agency claims reasons problems for users in withdrawals and usually puts the businesses way ahead of customers on all levels.
Cryptocurrency exchanges of South Korean have been very active of late. Huobi has formally launched in South Korea helping trading of hundred cryptocurrencies and 208 markets. In terms of guideline these pages also stated how the Kakaobacked cryptocurrency exchange Upbit has launched a system to prize users for recognizing fake multi level schemes related to cryptocurrencies.

Dozen Crypto Exchanges Order by South Korea to Study Customer Contracts
#crypto #exchange #south korea.