Odaily Planet Daily News According to an official announcement, WOO announced that it has completed the integration with South Korea’s CODE compliance solution as part of its strategic move to achieve growth in Asia.
WOO said: “A key step in the integration process is to comply with the requirement that withdrawal users must have a verified address. This move opens up our WOO product range to Korean users, WOO X has completed the due diligence process and has obtained the CODE Approved to comply with South Korea’s travel rules.”
Additionally, WOO plans to integrate with over 20 other exchanges in the Coinone and CODE networks, enabling seamless deposit and withdrawal functionality between WOO X and partner exchanges. The integration of Bithumb and Korbit is also in progress and is expected to be completed by the end of this month.
WOO is also in discussions with VerifyVASP, another Travel Rule solution from South Korean cryptocurrency exchange Upbit and Chainaanalysis.