INEX Launches Anti-Money Laundering Center to Bolster Trust in Crypto Trading

04-01-2025 05:24 PM CET | Business, Economy, Finances, Banking & Insurance
Press release from: Getnews / PR Agency: NewswireJet

South Korea-based cryptocurrency exchange INEX announced the official launch of its Anti-Money Laundering (AML) Center, marking the expansion of its existing AML team into a dedicated division. The move comes in response to growing money laundering risks and evolving regulatory demands, aiming to enhance user protection and strengthen market integrity.

The newly established center will streamline key AML functions, including customer due diligence (KYC), enhanced transaction monitoring, in-depth analysis of suspicious activities, and advanced risk management. INEX also plans to expand its dedicated AML workforce, forming strategic planning and operations units. Jang So-yeon, head of the AML team, has been appointed as the center's inaugural director.

"Complex money laundering techniques and tightening regulations have made robust compliance essential in the digital asset space," an INEX spokesperson said. "The center is designed to address vulnerabilities in KYC and risk management, with user protection as our top priority."

INEX recently implemented a sub-1 million Travel Rule policy to detect unregistered crypto exchanges. It has also partnered with compliance consultancy ABLE Consulting to pursue a comprehensive AML enhancement initiative.

"This is more than a structural upgrade-it's the foundation for a safer trading environment," said INEX CEO Lee Jae-kang. "By investing in cutting-edge technology and compliance expertise, we're strengthening regulatory readiness and building lasting trust with our users."

출처 : https://www.openpr.com/news/3949924/inex-launches-anti-money-laundering-center-to-bolster-trust