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The largest South Korean cryptocurrency exchange, Bithumb, will ban 11 countries from their exchange as a part of a new anti-money laundering policy that they officially released today.

Bithumb confirms that citizens located inside the Non-Cooperative Countries and Territories (NCCT) will no longer be allowed to trade on their platform. These countries include: North Korea, include Bosnia and Herzegovina, Ethiopia, Syria, Iran, Iraq, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu and Yemen.

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New account applications will be refused effective today, May 28th. All current accounts from these countries will be deleted by June 21.

A Bithumb rep states ….read more