South Korean Court Rules Bank’s Action to End Banking Services to Crypto Exchange Illegal

South Korean Court Rules Bank’s Action to End Banking Services to Crypto Exchange Illegal


A court in South Korea has ruled that the decision by a commercial bank to stop offering banking services to a cryptocurrency exchange was unlawful and must therefore be rescinded. According to the Central District Court’s 50th Civil Affairs Division, the move by South Korean commercial bank Nonghyup to cease offering deposit and withdrawal services

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Posted by Mark Emem on November 3, 2018 @ https://www.ccn.com/south-korean-court-rules-banks-action-to-end-banking-services-to-crypto-exchange-illegal/

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