Classified Ads Site in South Africa Reports Increase in High-Ticket Bitcoin Listings (news.bitcoin.com)

Online classifieds and community website, Gumtree South Africa, has reported a significant increase in the number of listings posted specifically asking to trade items for bitcoin. In particular, the website reports a proliferation in the number of listings for luxury vehicles that are asking for bitcoin as payment.
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215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond (news.bitcoin.com)

A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related petition calls for the removal of the governor of the country’s Financial Supervisory Service.
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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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South Korean Banks Reverse Decisions on Cryptocurrency Accounts (news.bitcoin.com)

South Korean banks have backtracked from their decisions to stop servicing cryptocurrency accounts as crypto investors protested and the government re-discussed its policy. The country’s 6 major banks have been told that they must follow through with the original plan and install the system that would end the anonymous trading of cryptocurrencies.
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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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