“We want our kids to be able to think independently about money,” said Eddie Yoon.
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Japanese Bitcoin Exchanges Planning Several Trading Restrictions: Report
The association of 16 government-approved bitcoin exchanges is reportedly working on imposing a number of trading restrictions. Jiji Press reported that there is a plan to impose trading limits for all users and additional restrictions for minors and the elderly. This follows recent reports of the association introducing margin trading limits as part of its […]
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South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks
The South Korean government has officially released two sets of previously promised guidelines that specify cryptocurrency regulatory measures. In addition to details of the new real-name system to end anonymous trading of cryptocurrencies, the government also published its anti-money laundering guidelines for banks providing services to cryptocurrency exchanges. Also read: Cryptocurrency Activities Will Be Legal and […]
The post South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks appeared first on Bitcoin News.
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South Korean Exchanges Revise Policies to Comply with Crypto Regulation
South Korea’s cryptocurrency exchanges have implemented changes to comply with the government’s mandates announced last week. In addition to restricting certain customers from trading cryptocurrencies, the exchanges have stopped issuing new virtual accounts in accordance with the regulators’ real-name requirements. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Mandates […]
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Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy
The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having […]
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