South Korea

South Korean Cryptocurrency Investors Face Fines for Anonymous Accounts

South Korean authorities have reportedly said that cryptocurrency investors must attach their IDs to anonymous virtual accounts or face penalties.

South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.

By Nikhilesh DeJan 12, 2018

South Korea's Presidential Office said today that a plan to ban trading cryptocurrencies via exchanges in the nation is still not set in stone.

By Omkar GodboleJan 11, 2018

The Bank of Korea, South Korea's central bank, has launched a cryptocurrency task force to explore the technology's effects on the financial system.

New reports suggest that the South Korean government is intensifying its moves against the country's bitcoin exchanges.

By Nikhilesh DeJan 11, 2018

Finance regulators in South Korea are reportedly looking to cooperate with authorities in China and Japan on new rules for cryptocurrency trading.

By Nikhilesh DeJan 9, 2018

South Korea's financial regulators began inspecting commercial banks to monitor their compliance with new cryptocurrency exchange rules.

By Nikhilesh DeJan 8, 2018

A South Korean law firm has reportedly filed a constitutional appeal over upcoming regulations restricting digital currency trading.

South Korea will reportedly begin implementing new regulations banning anonymous cryptocurrency exchange accounts on or around Jan. 20.

By Nikhilesh DeJan 2, 2018

The South Korea now bans domestic cryptocurrency exchanges from allowing users to make transactions through anonymous accounts.

By Wolfie ZhaoDec 28, 2017

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