Seoul/Hong Kong â Bitcoin resumed its tumble on Thursday after South Korea said it was eyeing options that include a potential shutdown of at least some crypto-currency exchanges to stamp out a frenzy of speculation. South Korea has been ground zero for a global surge in interest in bitcoin and …
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New rules announced by South Korea, which is said to account for 20 per cent of all Bitcoin transactions, are being brought in to fight money laundering. The country plans to forbid anyone from opening anonymous accounts and to shut down virtual currency exchanges, the Telegraph reports. “Officials …
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Bitcoin resumed its tumble on Thursday after South Korea said it was eyeing options including a potential shutdown of at least some cryptocurrency exchanges to stamp out a frenzy of speculation. South Korea has been ground zero for a global surge in interest in bitcoin and other digital currencies as …
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In addition, the punishment level for multi-level crimes involving digital currency transactions will be greatly increased, the publication detailed. âWe will make regulations for the protection of investors rather than making virtual currency exchange regulations,â the finance minister said at the meeting.
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