The move comes even as the country continues to come down
hard on cryptocurrency trading operations within the nation.
Not exact matches
Furthermore, while it advises its staff against
trading in
cryptocurrencies, it has yet to introduce a
hard ban
on the employee side, according to company spokesman Kenni Leth.
And while the government claims that it could still engage in further regulatory measures to crack down
on cryptocurrency trading, it's
hard to imagine what more could be done.
Important global economies like China and Russia have also been recently seen hitting
hard on its local
trading bodies and exchanges while putting up a curtain
on cryptocurrency trading.
South Korean officials say they won't ban
cryptocurrency trading, but they have been cracking down
hard on the country's freewheeling market.
The new regulations banning anonymous accounts should make it
harder for the North to turn a profit
on cryptocurrency trading.
Reducing the
hard cap was motivated by the opinions of the community focused
on trading in
cryptocurrency for whom the product was created.
Monero is
trading at $ 370
on Monday and has quickly become the biggest gainer in the
cryptocurrency market due to the impending
hard fork.