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Bithumb Bannned Trading in 11 Countries

Bithumb, the largest cryptocurrency exchange in South Korea, has banned cryptocurrency trading in 11 countries due to money laundering issues on May 27th, reported by CCN.
The exchange announced on May 28th that it will comply with global anti-money laundering norms by stoping all transactions in jurisdictions within the Non-Cooperative Countries and Territories (NCCT) blacklist. The inter-governmental Financial Action Task Force (FATF) indicated that these 11 countries don't carry out enough measures to fight against money laundering, terrorist financing, and other threats to the international financial system. 11 countries include

North Korea,
Bosnia and
Herzegovina,
Ethiopia,
Syria,
Iran,
Iraq,
Sri Lanka,
Trinidad and
Tobago,
Tunisia,
Vanuatu, and
Yemen.

Bithumb Bannned Trading in 11 Countries

North Korea,
Bosnia and
Herzegovina,
Ethiopia,
Syria,
Iran,
Iraq,
Sri Lank… https://t.co/lN13TFF8aC

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$btc Bitcoin is at $7100, and it might go down below $7000 today and then, altcoins will goes down further, then we… https://t.co/rDJv4E1NCc