South Korea’s Biggest Cryptocurrency Exchange Will Ban Trading in North Korea and Iran

Bithumb, South Korea’s biggest cryptocurrency exchange alongside UPbit, has banned digital asset trading in North Korea, Iran, Iraq, Sri Lanka, and seven other countries that are considered as high-risk jurisdictions by the Non-Cooperative Countries and Territories (NCCT) Initiative.
Beginning May 28, the Bithumb team stated that to prevent its infrastructure and platform from being used to launder money and finance criminal activities, it has decided to outright ban trading in all of the