South Korea 's Shinhan Bank is introducing measures aimed at clamping down on fraudulent trades involving securities linked to cryptocurrencies . In a statement , Shinhan said dedicated employees will scrutinise suspicious transactions , ahead of plans to deploy an Internet - based monitoring system to quickly and accurately identify illegal transactions . The crackdown follows several attacks on the country 's stock exchanges , with Bithumb alone suffering losses of around $ 30 m .
South Korea's Shinhan Bank is introducing measures aimed at clamping down on fraudulent behaviour involving accounts linked to cryptocurrencies. In a statement, Shinhan said dedicated employees will scrutinise suspicious transactions, ahead of plans to deploy an AI-based monitoring system to quickly and accurately identify illegal trades. The crackdown follows several attacks on the country's crypto exchanges, with Bithumb alone suffering losses of around $30m.