Korea's DAXA appoints new advisory members to strengthen anti-money laundering regulation

ChainCatcher news, according to Decenter, the Digital Asset Exchange Association (DAXA) in South Korea has announced the appointment of lawyer Si-mok Kim from Yulchon LLC and Lee Min-seop, head of the anti-money laundering group at Kim & Chang, as members of the advisory committee.

Previously, DAXA disclosed the status and plans for self-regulatory implementation, revealing that it has established an anti-money laundering department, with Upbit responsible for the anti-money laundering subcommittee. (source link)