Coinone "No Listing of Darkcoin or External Hacking Occurred"

[Asia Economy Reporter Gong Byung-sun] Coinone, a domestic cryptocurrency exchange, announced on the 9th that it has disclosed the implementation status of mandatory requirements for the 'Virtual Asset Service Provider Anti-Money Laundering Risk Assessment Plan,' stating that there have been no listings of dark coins or cases of external hacking. This disclosure was made to minimize market confusion and protect investors by revealing company information ahead of the acceptance of reports under the amended Act on Reporting and Using Specified Financial Transaction Information (Special Financial Information Act).

The disclosed mandatory requirement checklist includes ▲whether Information Security Management System (ISMS) certification has been obtained ▲history of violations of financial-related laws ▲whether deposits, proprietary assets, and customer-specific transaction details are separated and managed ▲whether dark coins are handled ▲validity of Financial Intelligence Unit (FIU) reporting ▲history of embezzlement or fraud involvement by representatives and executives ▲history of external hacking incidents ▲credit rating, among others.

According to Coinone, the exchange has never listed any dark coins since its establishment. Dark coins are virtual currencies known as privacy coins because they can anonymize even the remittance address, making tracking difficult. Coinone stated that from the early stages of the business, it did not proceed with listing dark coins due to concerns that they could be misused for money laundering.

Coinone also emphasized that it has never experienced external hacking. A Coinone official explained, “Under a thorough security awareness, we have consistently maintained a corporate policy to build security at every stage of the exchange system.”

Cha Myung-hoon, CEO of Coinone, said, “We have paved the way for healthy investment by creating our own discipline and regulations. The enforcement of the Special Financial Information Act is a positive signal that the cryptocurrency industry can become popularized, and we will continue to prioritize investor protection.”

This content was produced with the assistance of AI translation services.