Houbi reinforces its anti-AML safety measures

The exchange of Korean origin improved the protocols that help to avoid money laundering, among other crimes

The Korean company Houbi Korea recently strengthened its protection mechanisms in cases of money laundering (AML), as they indicated in an official statement.

Huobi Communications Director, David Oh, said that although the company does not have much time operating in the market, the priority they have always had is to reinforce their security mechanisms.

“Although we are relatively new to the Korean market, safety and compliance have been important priorities for Huobi in general. For that reason, this is a natural move for us and is an integral part of our growth plans in the Korean market”, Oh said.

The exchange had already been armed against crimes such as identity theft, voice phishing, among others. Despite this they made the decision to strengthen security measures in order to comply with the laws of the Korea Financial Services Commission (FSC).

“We are always trying to make sure that Huobi Korea customers can trade safely. Our mission is to create an environment in which all customers can trade safely, and we plan to actively support our customers in the prevention of damage caused by accidents such as voice phishing and identity theft“, said the director.

K. Tovar

Source: Prnewswire

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