South Korea Won’t ban Exchanges but Introduce new Reasonable Regulation
There seems to be a lot of confusion regarding the Bitcoin regulations in South Korea. More specifically, we all know there will be an emergency meeting later this week. However, there are seemingly no plans to ban Bitcoin or any other cryptocurrency. Instead, new KYC and AML requirements will be introduced for all local exchanges. None of these measures are invasive whatsoever, which is only to be expected.
South Korea has quickly become the go-to region for cryptocurrencies. Ever since China d
Read more »