BITHUMB STOPS OPERATIONS IN 11 COUNTRIES

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BITHUMB STOPS OPERATIONS IN 11 COUNTRIES

The South Korean crypto exchange Bithumb ceased operations in 11 countries, including North Korea, Iran, and Iraq, suspecting possible money laundering among users. The crypto exchange reported on further compliance with global standards for combating money laundering. Thus, all operations of clients from states belonging to the black list of non-commercial countries and territories will be blocked. Besides countries named earlier Bosnia and Herzegovina, Ethiopia, Syria, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu and Yemen are among them. Accounts of new user from these countries will not be registered, and the old ones will be blocked from the 21st of June.

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WHAT CAN P2PS DO THAT OTHERS DON’T?

P2PS is a pure peer-to-peer platform which safeguards, for example, your medical records, banking information and other sensitive digital assets, during exchange between two parties. Such platforms today are simply nonexistent.

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