South Korean Regulators Conduct Onsite Inspections of Bitcoin Exchanges Following Youbit Hack

South Korean authorities began to conduct checks on the site of domestic bitcoin exchanges after the hacking of the Korean exchange Youbit earlier this month.

Korean regulators conduct on-site inspections of bitcoin exchanges. 
According to an official notification published by the Office for the Coordination of Public Policy, the regulators conducted on-site inspections of more than a dozen bitcoins exchanges to determine whether they comply with the rules governing the trade in crypto currency. 

The inspectors were not satisfied with what they found, according to the update published after visiting the sites.
As a result of on-site inspections at major currency exchanges, the majority of the companies surveyed (10 companies) found out that the technical safety is in an unsatisfactory state, "the report says, according to the rough translation. 
More information can be found on the link below. 
https://www.ccn.com/south-korean-regulators-conduct-o ..

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