Wednesday, January 20, 2021
  • Home
  • About Us
  • Disclaimer
  • Privacy Policy
  • Contact Us
No Result
View All Result
WORLDHAB
  • Breaking
    • India
    • World
    • Politics
  • Business
    • Finance
    • Insurance
  • Cryptocurrency
  • Entertainment
  • Sports
    • Football
    • Cricket
    • Basketball
    • Tennis
    • WWE
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Pets
    • Travel
    • Romance
  • Tech
    • Android
    • iOS
    • Games
    • Laptops
    • Mobiles
    • Gadgets
    • Social Media
  • Breaking
    • India
    • World
    • Politics
  • Business
    • Finance
    • Insurance
  • Cryptocurrency
  • Entertainment
  • Sports
    • Football
    • Cricket
    • Basketball
    • Tennis
    • WWE
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Pets
    • Travel
    • Romance
  • Tech
    • Android
    • iOS
    • Games
    • Laptops
    • Mobiles
    • Gadgets
    • Social Media
No Result
View All Result
WORLDHAB
No Result
View All Result

Home » News » South Korea New Cryptocurrency Rules on Crypto Trading

South Korea New Cryptocurrency Rules on Crypto Trading

January 30, 2018
in Business, Cryptocurrency, News
8
0
Loading...

South Korea New Cryptocurrency Rules: From January 30th on Tuesday, South Korea Government allowed to trade only from real-name bank accounts in cryptocurrencies. After some news on banning Cryptocurrencies in China followed by South Korea early in this month, it is a new note.

Loading...

The Financial Services Commission has confirmed the new rules and measures. In this new regulations, it helps to reduce illegal activities such as crimes, money laundering, and tax evasion with the help of cryptocurrency transactions.

It would only allow trade in cryptocurrencies from real-name bank accounts beginning Jan. 30. Those rules enabled banks to comply with their KYC AML (know your customer, anti-money laundering) obligations.

As per the estimate, there are more than three million users have involved with the Cryptocurrencies as investors in South Korea. All the national banks have started verifying the identities of investors. Now, it ensures that the only real-name bank accounts and matching account for deposits and withdrawals at crypto exchanges.

In another hand, the government of South Korea banned foreigners to open cryptocurrency accounts. Because of this new rule, most of the companies head like Julian Hosp, are saying that it is the crackdown on anonymity and the illegal use of cryptocurrencies.

Loading...

This new rule comes after a big crypto coins stolen from Japanese exchange Coincheck last week. Read NEM (XEM) price dropped low in a day after the hack.

Tags: CryptoCryptocurrencyCryptocurrency RulesNew Cryptocurrency RulesSouth KoreaSouth Korea New Cryptocurrency Rules
Share3Tweet2SendShare1Pin1Share
Previous Post

NEM (XEM) price dropped 9% low in a day with all top cryptocurrencies

Next Post

ICON (ICX) First Annual Summit – ICX token price increased 12% lifetime high

Sanjay

Sanjay

Sanjay is working intensively with WORLDHAB and providing the valuable piece of News. Get in touch with him on Facebook.

Related Posts

Elon Musk wants to be paid in Bitcoin

Elon Musk wants to be paid in Bitcoin

January 11, 2021
Cryptocurrency Surge 100 percent in 2021

Cryptocurrency Surge 100% in 2021: Investor Bill Miller

January 11, 2021
how to become certified financial planner

How to Become a Certified Financial Planner

January 1, 2021
Happy New Year 2021 Wishes, Images, Quotes, SMS, WhatsApp Status

Happy New Year 2021 Wishes, Images, Quotes, SMS, WhatsApp Status

December 31, 2020
Sovereign Gold Bond Scheme (SGB) December 2020: Open on Dec. 28

Sovereign Gold Bond Scheme (SGB) December 2020: Open on Dec. 28

December 25, 2020
Bank Holidays 2021

Bank Holidays 2021: List of National, Govt., & Saturday Bank Holidays in India

December 25, 2020
2021 Honda Passport vs Pilot

Honda Passport vs Pilot 2021 Comparison – Find the Best Model for you

December 24, 2020
Gmail, Google and YouTube down: Services crash

Gmail, Google and YouTube down: Services crash

December 14, 2020
Next Post
ICON (ICX) First Annual Summit - ICX token price increased 12% lifetime high

ICON (ICX) First Annual Summit - ICX token price increased 12% lifetime high

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SEARCH

No Result
View All Result

FOLLOW US

Follow our social media pages and get updates quicker than ever.

Facebook Twitter Youtube Instagram

RECENT POSTS

Master Movie Box Office Collections Report

Master Movie Box Office Collections Report: Vijay’s Master Record Breaks

January 15, 2021
Eeswaran Movie Review: STR’s Eeswaran Tamil Movie Rating, Hit or Flop

Eeswaran Movie Review: STR’s Eeswaran Tamil Movie Rating, Hit or Flop

January 14, 2021
Easwaran Movie download

Eeswaran Movie Download leaked link by Tamilrockers, isaimini and Telegram channels

January 14, 2021
Bhoomi Movie Download links shared online by Tamilrockers, Isaimini, Tamilblasters

Bhoomi Movie Download links shared online by Tamilrockers, Isaimini, Tamilblasters

January 13, 2021
Master Full Movie Leaked Online in HD Quality

Master Movie Leaked Online and Links on Telegram Chnnels

January 13, 2021

ABOUT

Founded in 2016, WORLDHAB delivers news from the various niches around the world for the targeted audience. For any advertising queries, contact us anytime.

We got approved in Google news and Bing news in earlier 2016. And since then, we help small businesses to grow their business by improving their website authority.

POPULAR CATEGORIES

  • Business
  • Finance
  • Insurance
  • Bitcoin
  • Entertainment
  • Sports
  • Football
  • Cricket
  • Lifestyle
  • Health
  • Travel
  • Romance
  • Technology
  • Education

FOLLOW

Facebook Twitter Youtube Instagram Pinterest LinkedIn Vimeo

WORLDHAB STATS

  • Monthly Traffic: 50,000+
  • Site Age: 5 Years
  • Google News Approved
  • Bing News Approved
  • Alexa Rank: 912,985
  • Domain Rating: 22
  • URL Rating: 24
  • Domain Authority: 33
  • Page Authority: 38

CONTACT

For Guest posts, Sponsored posts, Advertising enquiries, contact: support@worldhab.com

  • Home
  • About Us
  • Disclaimer
  • Privacy Policy
  • Contact Us

© 2020 WORLDHAB - Premium WordPress theme by VISION.

No Result
View All Result
  • Breaking
    • India
    • World
    • Politics
  • Business
    • Finance
    • Insurance
  • Cryptocurrency
  • Entertainment
  • Sports
    • Football
    • Cricket
    • Basketball
    • Tennis
    • WWE
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Pets
    • Travel
    • Romance
  • Tech
    • Android
    • iOS
    • Games
    • Laptops
    • Mobiles
    • Gadgets
    • Social Media

© 2020 WORLDHAB - Premium WordPress theme by VISION.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.