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South Korea To Ban Crypto Exchanges From Handling Privacy .
Just last month, lawmakers in South Korea voted to postpone a new crypto tax on digital assets now set to take effect in 2023. The 2022 South Korean presidential election is expected to be held on March 9 and will be the eighth presidential election since the country pivoted to a direct election democracy in 1987.
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South Korea Looks to Ban Crypto Exchange Employees From Trading on Their Own Platforms - CoinDesk Policy South Korea Looks to Ban Crypto Exchange Employees From Trading on Their Own Platforms At.
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SEOUL (Reuters) - 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 designed to stop virtual.
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This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia. On Friday, the virtual currency task force of the Office for Government Policy Coordination released a comprehensive report on the ICO industry.
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The Korea Financial Services Commission (FSC) will impose a fine of 100 million won (around US$89,844) on exchange employees caught trading on the platforms for which they work. As of now, there.
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South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. South Korean platforms such as Okex have since been forced to delist several privacy coins The ban is in effect from March 2021.
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SEOUL (Reuters) - South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the.
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While the Korean government doesn’t seem bent on banning crypto, it is certainly intent on regulating it. The effect may be monopolization by South Korea’s largest exchanges at the expense of.
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