Relief! Korean Banks to Issue New Cryptocurrency Trading Accounts; Anonymous Trading Ban on Jan 30

Relief! Korean Banks to Issue New Cryptocurrency Trading Accounts; Anonymous Trading Ban on Jan 30

The post Relief! Korean Banks to Issue New Cryptocurrency Trading Accounts; Anonymous Trading Ban on Jan 30 appeared first on CCN

South Korea will enforce its ban on anonymous bank accounts used in cryptocurrency trading in a week from now. In conjunction, six domestic banks will issue new trading accounts that follow KYC norms. According to multiple reports on Tuesday, South Korean regulators have rubberstamped the ban on anonymous cryptocurrency trading through anonymous virtual bank accounts

The post Relief! Korean Banks to Issue New Cryptocurrency Trading Accounts; Anonymous Trading Ban on Jan 30 appeared first on CCN

Samburaj Das