South Korean cryptocurrency company Bithumb will track the number of users ' resident in the blacklisted Non - Cooperative Countries and Territories ( NCCT ) , including Iran , Iraq and North Korea . The NCCT , compiled by the Financial Action Task Force , includes countries that have failed to take appropriate measures to combat money laundering , terrorist financing and other risks for the international financial system . Featured image from Shutterstock. Meanwhile , China announced it has tightened its own anti - money laundering policies , applying recommendations from the South Korean government and the Korea Blockchain Association to increase transparency and prevent market manipulation .
South Korean cryptocurrency company Bithumb will track the number of users ' resident in the blacklisted Non - Cooperative Countries and Territories ( NCCT ) , including Iran , Iraq and North Korea . The NCCT , compiled by the Financial Action Task Force , includes countries that have failed to take appropriate measures to combat money laundering , terrorist financing and other risks for the international financial system . Meanwhile , China announced it has tightened its own anti - money laundering policies , applying recommendations from the South Korean government and the Korea Blockchain Association to increase transparency and prevent market manipulation .