South Korea Won’t ban Cryptocurrencies but Crack Down on Illicit Activty

It seems another cryptocurrency shakeup will happen in South Korea. With exchanges imposing self-regulation, an interesting precedent is created. The government now wants to crack down on any illegal and unfair activity in this industry. This also means there will be no ban on cryptocurrencies whatsoever. It is another positive change to further legitimacy cryptocurrency in the country.

There is still a fair amount of illicit activity in the cryptocurrency industry. Addressing this problem...

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