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2021.04.20

The New AML Law in South Korea: Cryptocurrencies

[C&K] The New AML Law in South Korea: Cryptocurrencies

DOES YOUR BUSINESS NEED TO MEET AML REQUIREMENTS? Interviewee: Ohoon Kwon, partner attorney at Cha & Kwon Law Offices Lawyer Kwon explains which firms in the cryptocurrency business need to prepare for the new AML requirements.

00:08 Intro 00:47 Definition of VASPs 01:33 Definition of Virtual Assets 02:30 Solution 03:22 Wallet Providers? 03:42 Examples 04:29 Businesses required to meet AML Requirements 05:01 Teaser