South Korean Government Concerned With Scams in Bitcoin Market, Fake Exchanges
This is the Cryptocurrency Task Force created by the Ministry of Strategy and Finance of the South Korean Government on December 13. This South Korean government and local financial authorities have warned investors about the emergence of counterfeit cryptocurrency and Bitcoin exchanges. Its draft is the rule for both businesses and investors. It was organized by the Financial Services Commission, Ministry of Justice and the Fair Trade Commission, and the Financial Supervisory Commission to discuss the status of the South Korean Cryptocurrency market.