Korea FUD!

in crypto •  7 years ago 

Okey so today south koreans docoments were leaked stating they will ban exchanges for cryptocurrency. This is just spreading FUD. The politicians just want to buy crypto cheaper so they publish faulty docomments. Don't sell. Be strong and HODL!!!!
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Yeah, a leak that a government MIGHT start a several year long process of outright banning trading is just nonsense to freak out over. Regulating it for taxation sounds more likely, as a ban would just cause a sharp increase in Korean owned bank accounts in Japan and subscriptions to VPN services.