Know Your Customer Meets its Limits with Cryptocurrencies

The past few weeks have been a whirlwind of whipsaws in the cryptocurrency markets. Since Bitcoin’s peak in early December it has been one headline after another keeping crypto-investors and traders on edge as governments around the world make statements ranging from the ominous to the obscure.
South Korea’s own government can’t get its story straight. One day Justice Ministry Chief, Park Sang-ki, says that he’s readying a bill to ban trading on exchanges. The next d