Coinone Expands and Relocates Anti-Money Laundering Center... Enhances Capabilities

[Asia Economy Reporter Lee Jung-yoon] Coinone, a domestic virtual asset exchange, announced on the 16th that it will strengthen its capabilities through the expansion and relocation of its Anti-Money Laundering (AML) Center and the recruitment of an AML officer.

Image source=Coinone

Coinone recently relocated its AML Center to Yeouido due to the expansion of the AML organization. The new office is twice the size of the previous Yongsan office, allowing for accommodation of more personnel. Since the new office is located in Yeouido, where Coinone's headquarters are situated, accessibility has also been significantly improved.

In addition, to enhance the substance and expertise of AML operations, Coinone recently recruited Jeong Su-hwon as the head of AML. Mr. Jeong is an AML expert who has worked for over 30 years at foreign banks, handling anti-money laundering, compliance, and internal control tasks. Based on his experience and know-how accumulated in the traditional financial sector, he plans to advance Coinone's compliance and anti-money laundering system.

Coinone CEO Cha Myung-hoon stated, "As the market grows and virtual assets enter the institutional industry, the importance of anti-money laundering at exchanges is being emphasized more than ever. We will continue to strive to build an advanced anti-money laundering system by fostering AML experts and strengthening the capabilities of dedicated teams."

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