Why is korea banning bitocin

why is korea banning bitocin

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Is South Korea Banning Cryptocurrencies?
South Korea is preparing a bill to ban the trading of cryptocurrencies on exchanges A top official from South Korea said the government is. South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move. South Korea is banning the use of anonymous bank accounts to make cryptocurrency transactions. The move is aimed at stopping virtual.
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  • why is korea banning bitocin
    account_circle Kazraktilar
    calendar_month 01.10.2022
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  • why is korea banning bitocin
    account_circle Barg
    calendar_month 07.10.2022
    To be more modest it is necessary
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The new rules, which come into effect on January 30, will also stop foreigners without local bank accounts and children under 19 from buying Bitcoin, the Telegraph reported. Cryptocurrency trading in South Korea is very speculative and similar to gambling. Bitcoin exposed stocks in South Korea took a major hit after the announcement. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange.