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.
Cryptocurrency exchanges will be now required to pay corporate and local income tax on their yearly reported earning.
South Korea’s Kakao Corp. announced providing beta period for cryptocurrency exchange, called Upbit, as results of partneship with
The platform is expected to become the largest digital currency exchange in South Korea, allowing investors to trade in more than 110 cryptocurrencies.