Dunamu Designated as the First Digital Asset Exchange for Administrative Information Sharing
Dunamu has been designated as the first digital asset exchange in South Korea to be included in the Ministry of the Interior and Safety's "Administrative Information Sharing Target Institutions." This is expected to reduce the burden of document submission for users during the customer verification (KYC) process. Dunamu announced on the 26th that it was designated as such by the Ministry of the Interior and Safety in mid-October. The ministry conducted an on-site inspection of Dunamu in May and reviewed its suitability. Administrative information sharing is a service that allows users to verify information necessary for civil complaints or business processing through the government’s electronic network, aimed at reducing the inconvenience of users having to submit documents issued by administrative agencies directly. With this designation, Dunamu will be able to verify public information necessary for customer verification through the government’s electronic network, thereby reducing the burden of document submission for users and enhancing the speed and accuracy of the verification process. A Dunamu representative stated that this establishes a foundation for digital asset exchanges to safely and efficiently utilize public information in user verification tasks.
-- Price
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