RE: South Korea’s Regulators Aim to Increase Bitcoin Trading Supervision

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South Korea’s Regulators Aim to Increase Bitcoin Trading Supervision

in cryptocurrency •  7 years ago 

Governments all over are looking for ways to monitor cryptocurrency's. They all want to collect their tax and it starts with knowing who owns what. KYC (Know Your Customer) and policies like it are trying to do away with crypto users anonymity/privacy. If you want to stay anonymous, you will have to avoid centralized exchanges and get your crypto locally.

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