New Cryptocurrency Exchanges Proliferate in South Korea Despite Regulation (news.bitcoin.com)

New cryptocurrency exchanges are rushing to launch in South Korea despite regulatory uncertainty due to high demand and lucrative business models. Ten crypto platforms are expected to open for business in the first half of this year, including two run by Kosdaq-listed companies.
Also read: South Korea Urges 23 Countries

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Bitcoin and Ripple price CRASH across the market as Korea clampdown triggers massive …

Bitcoin, etherium and ripple are all in the middle of a nosedive as cryptocurrencies across the market are crashing. The digital currencies are … Bitcoin in particular has come down nearly 40% over the last month despite being valued at around $ 20,000 a few days ago. However, it's still the best …
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South Korea Announces Crypto Traders Could Face Fines Under New System (news.bitcoin.com)

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.
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South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading (news.bitcoin.com)

The South Korean government has called for financial regulators and central bankers of 23 other countries as well as 12 organizations, including the International Monetary Fund and the European Union, to collaborate on curbing cryptocurrency trading.
Also read: Russian Regulators Draft Law to Restrict Crypto Mining,

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South Korea to Cooperate with China and Japan on Regulation (news.bitcoin.com)

South Korean regulators are seeking cooperation with counterparts from Beijing and Tokyo to address cryptocurrency speculation. Six commercial banks have been targeted by Seoul authorities inspecting crypto trading. Korean experience is to help a possible trilateral approach to regulation.
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