
2018-7-5 17:51 |
South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing their position in the local economy.
Increasing Official Status
The move marks a further step forward in South Korea’s increasing legitimization of cryptocurrency.
After a raft of regulatory measures beginning around the new year, exchanges have seen the landscape transform as they comply with taxation and security demands.
What do you think about South Korea’s new classification of cryptocurrency businesses?
Images courtesy of Shutterstock
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