Press release
INEX Launches Anti-Money Laundering Center to Bolster Trust in Crypto Trading
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.
Image: https://www.globalnewslines.com/uploads/2025/03/483bde9dca6c886951e29a925b39c50b.jpg
"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."
Media Contact
Company Name: INEX
Contact Person: Jin
Email: Send Email [http://www.universalpressrelease.com/?pr=inex-launches-antimoney-laundering-center-to-bolster-trust-in-crypto-trading]
Phone: (+82)10-9188-7198
Address:116, Teheran-ro
City: Seoul
State: Gangnam-gu
Country: Korea
Website: https://www.inex.im/en/about/inexInfo
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. GetNews makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release INEX Launches Anti-Money Laundering Center to Bolster Trust in Crypto Trading here
News-ID: 3949924 • Views: …
More Releases from Getnews
Lendgo Launches to Simplify HELOC Access, Empowering Homeowners with Financial F …
In an era where homeowners seek smarter ways to tap into their home equity, Lendgo is officially launching as the go-to platform for comparing and securing Home Equity Lines of Credit (HELOC). Designed to simplify and streamline the borrowing process, Lendgo empowers homeowners to make confident financial decisions-while accessing some of the most competitive HELOC rates in the country.
HELOCs have become a critical tool for financing life's major expenses-from home…
Oakio Presents High-Performance WPC Fencing for Summer Gardens and Patios
Oakio, a pioneer in Wood-Plastic Composite (WPC) solutions, introduces its high-performance WPC fencing as an ideal solution for summer gardens and patios. Combining modern aesthetics with superior functionality, Oakio's fencing products deliver long-lasting performance and design flexibility-making them the preferred choice for homeowners, designers, and landscape professionals seeking stylish, low-maintenance outdoor solutions.
Product Innovation: Designed for Summer Performance
Oakio's WPC fencing [https://www.oakio.com/products/fencing/proshield-fencing/] is engineered from a durable mix of recycled wood fibers…
Frost & Sullivan Co-published the 2025 Global Bio-fermented Type III Collagen Ma …
Frost & Sullivan and Jland Biotech have conducted comprehensive research on the global collagen industry and co-published the "2025 Global Bio-fermented Type III Collagen Market Research Report" on March 13, 2025. The report aims to analyze the latest technological innovations, application scenarios, and market dynamics for bio-fermented type III collagen. It explores the bio-fermentation process, biological functionality, and regulatory landscape of this emerging collagen type, highlighting its expanding role across…
Dr. Hassan Elhais - Leading Legal Consultant in Dubai
Image: https://www.globalnewslines.com/uploads/2025/05/75d8764604c3df2574eb5ef0aa40110d.jpg
Admired Dubai's legal counsel, Dr. Hassan Mohsen Elhais, who specializes in UAE family law [https://www.professionallawyer.me/expertise/family-law/], criminal law, inheritance, arbitration law, banking, corporate, labor, and commercial concerns. His expertise and successes mostly point to three areas:
* Significant among Dr. Elhais's multiple fields of expertise in the law is his familiarity with UAE family law, as well as arbitration , banking, corporate, labor, inheritance, and commercial litigation
* With a…
More Releases for INEX
Anpr Software Market Size, Share 2022-2028 Global Industry Report with Key Playe …
Anpr Software Market Scope & Overview: Throughout the market analysis, Anpr Software research is done to look at regional and global market dynamics. A thorough overview of the market is provided by the market research, with an emphasis on worldwide market trends. The report's objective is to give readers a complete market segmentation as well as a comprehensive market overview. A complete analysis of the industry's growth drivers, trends, flows,…
Insights on the Anpr Software Market Report & Forecast to 2028 - by Players, Typ …
QY Research latest released a report about Anpr Software. This report focuses on global and United States Anpr Software, also covers the segmentation data of other regions in regional level and county level.
Key Market Segmentation
Anpr Software is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Anpr Software will be able to gain the upper hand as they use the report…
ALPR and ANPR Cameras Market 2021 Size-Share with Top Companies, Regional Growth …
During the projected period of 2021-2027, the "ALPR and ANPR Cameras Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The ALPR and ANPR Cameras market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this…
Don't Miss To Know ANPR Software Market Insights 2019: Growth, Trends, Demand, S …
ANPR stands for Automatic Number Plate Recognition and in the USA the term ALPR is often used (Automatic License Plate Recognition). ANPR can, therefore, be used in Traffic, Security and Access Control applications. Police and Customs users will use the technology to check every vehicle passing a particular point.
Analysis: “ANPR Software- Market Insights, Forecast 2024” report provides the industry based on different factors such as growth trends, the volume of…
Radiant Tubes Market: Competitive Dynamics & Global Outlook 2024– Top Key play …
Market Research Report Store offers a latest published report on Radiant Tubes Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This report focuses on the key global Radiant Tubes players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Radiant Tubes with respect to individual growth…
Absorbable Nasal Implant Devices Market Estimated to Record Highest CAGR by 2026 …
Absorbable nasal implants are used to treat nasal blockage or obstructions and allow better breathing and sleep to the patient. Nasal airway obstruction can be caused by several factors, including septal deviation, enlarged turbinates, and weakened upper and/or lower lateral nasal wall cartilage, which can lead to nasal valve collapse (vestibular stenosis). Symptoms include stuffiness, congestion or an inability to breathe through one or both nostrils. The nasal valve…
