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South Korea Proposes Stricter Regulations on Crypto Trading
New Regulations in South Korea Aim to Curb Crypto-Related Concerns
South Korea’s Financial Services Commission (FSC) is suggesting changes to the Credit Finance Act with the primary goal of restricting local traders from purchasing cryptocurrency on foreign exchanges. The regulators believe that these amendments are necessary for tackling issues such as illegal movement of domestic funds, money laundering, and speculative behavior, which have become significant concerns.
To know more, visit: www.coingabbar.com/en/crypto-currency-news/south-korea-plans-restrictions-on-global-crypto-trading