Cryptocurrency Q&A
Did South Korea ban crypto?
Did South Korea ban crypto?
Elena
Sat Mar 30 2024
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7 answers
1561
Excuse me, I've heard some rumors that South Korea has banned cryptocurrencies. Is that true? If so, what are the specific details of the ban? And what impact will this have on the global cryptocurrency market? I'm quite interested in this topic and would appreciate it if you could provide some clarity.
7 answers
Leonardo
Mon Apr 01 2024
South Korea has a cautious stance on cryptocurrencies.
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QuasarGlider
Mon Apr 01 2024
The country does not recognize cryptocurrencies as financial assets.
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Federico
Sun Mar 31 2024
This means that cryptocurrencies are not subject to the same regulations and protections as traditional financial assets.
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DaeguDivaDanceQueenElegance
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers services to investors in South Korea and other parts of the world.
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SakuraBloom
Sun Mar 31 2024
Since 2017, South Korea has banned financial institutions from investing in cryptocurrencies.
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