The South Korean government has announced that six major banks will be ready to provide services to cryptocurrency exchanges this month. Under the new system, the government requires exchanges to share user data with banks. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Exchanges to Share Data with Banks The Korean […]
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The South Korean government has announced that cryptocurrency traders will be fined if they do not convert from existing virtual accounts, which allows for anonymous trading, to real-name accounts. Regardless of their service levels to crypto exchanges, banks have been ordered to implement the new system this month as planned. Also read: South Korea Urges 23 […]