Bitcoin Price is Down 4% as South Korea Implements Anonymously Trading Ban Today
South Korea’s regulatory ban on anonymous crypto trading finally goes into effect starting today and many participants back this decision.
South Korea’s regulatory ban on anonymous crypto trading finally goes into effect starting today and many participants back this decision.
Exchanges have been fined for compromising customer data and privacy, and have been asked to resolve the issue in due time.
Very soon crypto trading activity in South Korea will be allowed only for those who have real-name accounts: those with anonymous ones will be fined.
South Korean authorities are taking help from their Japanese and Chinese counterparts to establish new rules for cryptocurrency trading.