Exclusive: Binance Korea to Integrate Coinfirm Real-Time AML Monitoring

Cointelegraph

Published Jun 01, 2020 02:10PM ET

Updated Jun 01, 2020 03:40PM ET

Binance Korea will be monitoring activity on its platform for signs of money laundering thanks to a solution developed by Coinfirm.

The partnership, announced on Monday, will help Binance’s Korea branch remain compliant with Anti-Money Laundering egulations resulting from the Financial Action Task Force’s Travel Rule.

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