South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets

South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets
Bithumb, one of South Korea’s largest crypto exchange by trading volume, will stop accepting wallet addresses that haven’t been properly registered with the exchange, as it enforces the travel rule, according to an official blog post on Monday.The travel rule, recommended by the intergovernmental Financial Action Task Force, requires exchanges to collect data about transactions and share them with authorities when they exceed a certain threshold.Starting Jan. 27, Bithumb users will not be able to withdraw or pre-register using wallets such as MetaMask that are not tied to a name, mobile phone number, or e-mail address registered, CoinDesk Korea reported.Last…