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South Korea
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South Korea
Regulation News

South Korean Courts lashes banks for breaking ties with crypto exchanges.

South Korea, as a nation, has been progressive in accepting new innovation and technology and it has done same with blockchain and cryptocurrencies. Understanding this acceptance ethos of the country and its citizens, Seoul Central District Court has ruled in favor of a local crypto exchange and lashed the bank for breaking ties with the

South Korea, as a nation, has been progressive in accepting new innovation and technology and it has done same with blockchain and cryptocurrencies. Understanding this acceptance ethos of the country and its citizens, Seoul Central District Court has ruled in favor of a local crypto exchange and lashed the bank for breaking ties with the

South Korean Cryptocurrency Exchanges To Share Data With Banks
Regulation News
South Korean Cryptocurrency Exchanges To Share Data With Banks
Regulation News

South Korean Cryptocurrency Exchanges To Share Data With Banks

In an attempt to impose taxes on the transactions regarding virtual currency, the South Korean government has announced that from this month, six major banks will provide services to cryptocurrency exchanges. This new system requires the exchanges to share user data with banks. Cryptocurrency exchanges have to share the data with banks On Sunday, the

In an attempt to impose taxes on the transactions regarding virtual currency, the South Korean government has announced that from this month, six major banks will provide services to cryptocurrency exchanges. This new system requires the exchanges to share user data with banks. Cryptocurrency exchanges have to share the data with banks On Sunday, the