South Korean Financial Regulator to Monitor Bank Accounts that Trade Cryptocurrency

2018-6-27 22:29

South Korea's FSC plans to begin monitoring exchange bank accounts and coin transactions via foreign exchanges to look for signs of money laundering.

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The ‘Moral Hazard’ of Centralized Cryptocurrencies according to the Bank of Korea

South Korea’s central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy. According to The Korea Times on Monday, the BoK said that issuing a central bank digital currency (CBDC) could pose a “moral hazard” by adversely affecting monetary policy and its implementation, and possibly

2018-6-19 23:06