Bitcoin y corea del sur

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Bitcoin has been surging and falling in recent weeks. And it seems mostly to come down to one thing: regulation.

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Many governments have suggested they could introduce such rules. In recent weeks, bitcoin has plunged after the threat of regulation in South Korea. The price has mostly levelled out in recent weeks, after regulation brought volatility and a slowly sliding price. But there might be more disruption coming, as countries look towards regulation, worried about the activity and behaviour that bitcoin could be enabling.

South Korea bans raising money through initial coin offerings

That was obvious as world leaders arrived at the latest World Economic Forum in Davos and were asked their opinion. They include France and Germany, which are said to be working together on bitcoin regulation.

Many other countries have called for the international community to work together to bring regulation to bitcoin. Davos was a platform for various world leaders to give their opinion on bitcoin.

Bitcoin Center Korea

And they all seemed to agree on one thing. We want to make sure that the rest of the world — and many of the Group of 20 countries are already starting on this — have the same regulations. She noted that Japan and Australia are already regulating cryptocurrency trading.

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Theresa May has given a similar commitment. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. The South Korean government is cracking down on bitcoin, with proposed legislation seeking to limit how conventional banks interact with bitcoin and other cryptocurrencies.

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The law would prohibit South Korean companies from providing settlement services for cryptocurrency transactions, a crucial part of credit and debit card transactions. Another set of rules issued earlier this month restricted financial firms from investing in cryptocurrencies more broadly, although the rules also levied capital gains tax on any money conventional investors made from buying and selling the currency.

Many US bitcoin providers have already adopted know-your-customer procedures, after a number of high-profile money laundering prosecutions against noncompliant providers. There may be even stricter rules on the way.

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Bitcoin y corea del sur
Bitcoin y corea del sur
Bitcoin y corea del sur
Bitcoin y corea del sur
Bitcoin y corea del sur
Bitcoin y corea del sur