More on the South Korea moves on real name crypto trading

Author: Eamonn Sheridan | Category: News

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)

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose