Reports-Indicate-Specualtion-of-Chinese-Soliders-Receiving-Cryptocurrency-Rewards
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Cryptocurrency Legal in South Korea

The South Korean National Assembly unanimously voted in favor of a bill on Thursday that provides the regulatory framework for cryptocurrencies, exchanges and crypto-related platforms. The approval of the amended Special Financial Transactions Information Act signifies the legalization of cryptocurrency trading and holding in the country. It marks one of the world’s most comprehensive legal frameworks for the emerging industry.
Stack of Bitcoin coins on South Korean flag
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Update on South Korea and Cryptocurrency

Many South Koreans seem to be obsessed with cryptocurrencies. The country’s lawmakers? Not so much. From the prime minister down, officials have warned that the speculative mania surrounding Bitcoin and its peers is dangerous. Demand for the virtual currency was so extreme at one point in January that it lifted prices in Korea 50 percent higher than those […]

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