According to the South Korean government, South Korean news agency Yonhap, the country wants to present new measures to control the speculation on the currency of the crypto currency. For example, investors in South Korea should not be allowed to do business with cryptokuranx with an anonymous account. Apart from this, according to the report, new laws are being introduced which allow the government to close stock exchanges in some circumstances.
In the past, the South Korean government had warned residents of the country against high volatility of cryptocounlex and potential total asset losses. In addition, the government had recently announced that it imposed tax on business in the cryptow currency with Capital Gain Tax.
Despite this, the cryptocurrency trade continued in South Korea. With Japan, the United States and China, South Korea is one of those countries, Among which is the largest amount of cryptocurrox. According to Yonhap estimates, about 10 million people in South Korea are cryptokycrunz.
Due to the now announced measures or laws, encrypted currency exchange accounts should be authorized with equal and identical identities for deposits and disbursements. According to the report, South Korean tax officials should also monitor the stock exchanges and thus monitor the compliance of new rules. According to Yonhap, the purpose of the new rules is to prevent money laundering and better litigation on cryptographic-related crimes. source https://coin-hero.de/suedkoreas-regierung-plant-staerkere-regulierung/
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