New regulations in Korea make some trading floors pause

[uzair]

New regulations in Korea make some trading floors pause

The ban on anonymous transactions in Korea has made many trading floors difficult and forced to temporarily suspend transactions. Most of the small trading floors in Korea do not have the support of banks involved in confirming the identity of investors. In related moves, the Korea Financial Supervisory Authority conducted inspections of the six biggest trading floors in Korea and found more than $ 600 million in illegal transactions involving criminal organizations.