New Financial Action Task Force (FATF) travel rules have sparked controversy in the crypto realm. Now, OKEx Korea has said that trading and support has been terminated on five crypto assets given the latest FATF travel rules. In June this year, FATF announced the new rules about cryptocurrencies and that includes the rather contentious ‘travel rule’. It states that all the information, including name, records, location, account number etc., related to a customer’s cryptocurrency transactions be recorded and stored by the relevant cryptocurrency exchanges. The very idea behind privacy coins is to provide cover to its owner. They are difficult
