Litecoin Under Scrutiny By S. Korean Exchanges of Upbit, Bithumb After it Introduces Privacy Through MimbleWimble

Litecoin Under Scrutiny By S. Korean Exchanges of Upbit, Bithumb After it Introduces Privacy Through MimbleWimble


Ethereum World News
2022-05-23 18:19:12

Quick take: Litecoin’s MimbleWimble privacy protocol has resulted in some South Korean exchanges issuing warnings about LTC. Upbit and Bithumb have advised crypto users of the risks associated with the privacy upgrade. Both exchanges cited South Korea’s Act on the Reporting and Use of Specific Financial Transaction Information. Bitcoin’s little brother, commonly known as Litecoin (LTC), has captured the attention of South Korean exchanges after the implementation of the highly anticipated MimbleWimble upgrade. The two popular South Korean crypto exchanges […]