Who's Trading Bitcoin? South Korea Wants To Know
Seoul announced that beginning next week, all trading in cryptocurrencies such as Bitcoin and Ether must be traceable. Authorities also say digital currency exchanges in South Korea will be taxed.
by Scott Neuman
Jan 23, 2018
1 minute
South Korea is requiring that anonymous transactions involving cryptocurrencies such as Bitcoin be made traceable and that exchanges for digital currencies be subject to a 24.2 percent tax.
South Korea is home to one of the world's
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