South Korea stops buying cryptographic currencies with anonymous bank accounts - Technology
South Korea stops buying cryptographic currencies with anonymous bank accounts

South Korea stops buying cryptographic currencies with anonymous bank accounts

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South Korea will ban the use of anonymous bank accounts for the trading of cryptographic currencies starting on January 30th, said local authorities.

This measure comes at a time when Seoul is trying to remove the Korean-South Mania with cryptographic currencies.

All that students, state employees have hurried to scholarships to buy bitcoin despite the many warnings that come.

Bitcoin's price in South Korea continued to decline today, affecting $ 12,699 worth according to Bithumb.

Last week bitcoin fell by 20% on Bitstamp's stock exchange in Luxembourg by rising pressure.

Lawmakers in different countries around the world are seeking market regulation. Korean authorities said they could shut down all of the local stock of cryptographic currencies.

From 30 January traders can not buy cryptographic coins if their name in the stock portfolio is not the same as the bank account name.

To make purchases, traders should be identified with real names.

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