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Are cryptocurrencies illegal in south korea

Are cryptocurrencies illegal in south korea

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How Big Is Cryptocurrency In South Korea? - ASIAN BOSS
South Korea's Financial Services Commission (FSC) has proposed a ban on using credit cards to purchase cryptocurrency, citing concerns "illegal. Yes, cryptocurrencies are legal in South Korea and are regulated under precise AML and securities regulations. However, cryptocurrencies are not. Is crypto legal in South Korea? Yes, it is legal. Anyone in South Korea can own and use cryptocurrency. � Is crypto banned in South Korea? No.

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Anyone in South Korea can own and use cryptocurrency. Jamie Crawley. Get started in just minutes with the industry's only bank grade end-to-end counterparty verification solution.