Odaily News Cryptocurrency exchange Crypto.com said on Tuesday that it would postpone the launch of its services in South Korea (originally planned to launch on April 29) to facilitate further communication with local regulators. The company did not disclose a new launch date. A Crypto.com spokesperson said: "We will postpone the launch and take this opportunity to ensure that Korean regulators understand our policies, procedures, systems and controls. South Korea is a difficult market for international exchanges to enter, but we are committed to working with regulators to advance the industry for Koreans in a responsible manner." Earlier, it was reported that the South Korean Financial Intelligence Unit went to Crypto.com's office in South Korea for an on-site inspection on Tuesday after discovering problems in the anti-money laundering documents submitted by Crypto.com. (The Block)