Not exact matches
On Dec. 28, the South Korean government announced its plans to ban the use of
anonymous virtual accounts for cryptocurrency
trading in an effort to «
curb virtual currency speculation», local news agency Yonhap reported.
The government's ban
on using
anonymous accounts, effectively a mandate that exchange providers perform know - your - customer (KYC) due diligence, is seen as the latest move to
curb the
trading activity around cryptocurrencies in the country.
Korean authorities subsequently moved to
curb anonymous trading of cryptocurrencies among domestic exchanges
on January 30.