I posted earlier on the news that the country was to implement crypto trading only in users names, and to stop the use of anonymous accounts
More now:
- Date for implementation is January 30
- Moves from the government because some local banks have not properly identified crypto traders' transactions details
Bitcoin has had a bounce in the session:
While this news is of more regulation, as I said earlier:
I don't know how anyone else is reading the latest from South Korea (this from earlier too: ICYMI: South Korea won't ban cryptocurrency exchanges - it'll tax them instead) but at least the talk of banning trade on bitcoin et al altogether is receding. Which is a positive (or, at least, not so negative)
