“Over 60 S.Korean crypto exchanges set to suspend services next week”
September 17, 2021
“More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. To continue operating, exchanges must register with the Financial Intelligence Unit by Sept. 24, providing a security certificate from the internet security agency. They must also partner with banks to ensure real-name accounts…”
https://finance.yahoo.com/news/over-60-korean-crypto-exchanges-035902022.html
The big take away from this is banks want to identify crypto users. One o the best things about cryptocurrency is it’s anonymous.