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RE: South Korean government holds emergency meeting to discuss bitcoin

in #bitcoin7 years ago

Latest Developments:

Translated at CCN, the four leaked regulations expected to be implemented by the end of this year are:

Prevent unaccredited investors from dealing with losses through highly volatile cryptocurrencies.

Prevent strictly regulated cryptocurrency exchanges from operating as speculative platforms for unaccredited investors.

Request banks and exchanges to ensure underaged investors and foreigners cannot open trading accounts on cryptocurrency exchanges.

Temporarily suspend institutional investors and retail investors from investing in cryptocurrencies.

https://www.cryptocoinsnews.com/south-korean-governments-four-bitcoin-and-cryptocurrency-regulations-leaked-optimistic/