South Korea Announces Crypto Traders Could Face Fines Under New System

in crypto •  7 years ago 

This is if they do not convert from existing virtual accounts and the South Korean government has announced that the penalty will be imposed on the cryptocurrency traders. These banks have been ordered to implement this new scheme of this month. This is the level of the crypto exchanges, despite their service. and This allows for anonymous business which is for real name accounts.

source - https://news.bitcoin.com/south-korea-crypto-traders-fines-new-system/

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I don't see anything bad with using real names in trading and I guess that will also be helpful, well just my opinion :)

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