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South Korea to Impose Identity Requirements on Cryptocurrency Trading

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Mark Mason

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South Korea to Impose Identity Requirements on Cryptocurrency Trading

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The South Korean government aims to impose additional regulations to cryptocurrency exchanges, including identity requirements.

In the wake of the Youbit hack in early December, government officials have performed onsite inspections of all the major cryptocurrency exchanges in South Korea. Regulators concluded that security measures were inadequate, and announced on Thursday that additional measures will be put in place, including an end to anonymous cryptocurrency trading accounts.

Read more: https://www.dashforcenews.com/south-korea-impose-identity-requirements-cryptocurrency-trading/

 
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