South Korea Bans Anonymous Cryptocurrency Trades

in #cryptocurrency7 years ago

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South Korea brought on more regulations that now ban anonymous bank accounts from being used in cryptocurrency transactions. This move goes into effect January 30th and is aimed to help prevent cyber crimes and money laundering. South Korea has a huge crypto trading influence so all regulations they put in place are something to keep an eye on.

Source:
http://www.bbc.com/news/business-42784384