The Korean government announced last week its decision “to implement a virtual currency trading real-name system as a special measure to eradicate virtual currency speculation.” According to Yonhap, sources familiar with the matter said on Tuesday:
South Korea Expected to End Anonymous Crypto Trading by January 20 - Bitcoin News
The South Korean government has been working on a system to enforce real-name identity verification on cryptocurrency traders. This system is expected to be implemented around January 20, thus ending the current practice which allows for anonymous crypto trading.
Join in on the conversation with Alex Masters Lecky when you subscribe to CRYPTONICLES.