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| South korea reverses crypto currency ban | Bullish group is majority owned by Block. Register Now. Edited by Sheldon Reback. Now, the central bank is arguing in favor of regulating ICOs rather than forbidding them, saying the ban is not effective. South Korea will ban virtual accounts currently used for virtual currency trading while allowing authenticated bank accounts for new trades. Register Now. Head to consensus. |
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South Korea Bans All New Cryptocurrency Sales - CNBCThe ban reverses regulators' decision in to lift short selling restrictions on the Kospi and Kosdaq stocks. The restrictions. South Korea is implementing stringent measures against cryptocurrency crimes through its inaugural law designed to safeguard digital asset. South Korean authorities have been clamping down on virtual currencies. Revised legislation implemented in March will require crypto trading.
