South Korea’s Coinpia Struggles to Integrate KYC Verification

A few new regulatory guidelines were introduced in South Korea recently. These decisions are all positive for cryptocurrency as a whole. Unfortunately, some exchanges will struggle to cope with these new demands as of right now. Coinpia, one of the smaller trading platforms, has suspended its services for the time being. Their KRW deposits have been suspended indefinitely as well. It seems the company is the first victim of the new KYC guidelines.Performing KYC verification is now mandatory in S