Altcoins Talks - Cryptocurrency Forum
Further Discussions => Legality & Taxation of Cryptos => Topic started by: francesco_francesco on November 06, 2018, 11:49:55 AM
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An article about changes in South Korea has appeared on the FuturoCoin website. This is a big change compared to the beginning of the year. I wonder if more countries will go this way...? Here's what they write:
Choi Jong-Ku, commissioner of the Financial Services Commission of South Korea, has confirmed that there are no obstacles for national banks to provide their clients with virtual accounts that could be used on cryptocurrency exchange markets!
In early 2018, the South Korean government discouraged banks from supporting crypto exchanges in any way. However, the statement made by commissioner Choi aims to restore the cooperations between banks and exchange markets.
Thanks to this – e-currencies in South Korea will be able to expand at an even faster rate!