South Korea's five major commercial banks and several regional banks met with ruling party lawmakers this week, calling for the relaxation of restrictions on the number of banks cooperating with cryptocurrency exchanges. The current regulations require that each exchange can only cooperate with one bank to comply with anti money laundering regulations. Zheng Zhenwan, the president of Youli Bank, pointed out that this model restricts user selection and affects system stability, and suggested allowing "one exchange to connect with multiple banks". Meanwhile, as the institutional investment ban gradually eases, several exchanges in South Korea are preparing to welcome corporate clients into the market. （TheBlock） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40752