South Korean Banks Drop Crypto Accounts as Government Plans a Ban

[Cordillerabit]

South Korean regulators have announced a plan to ban banks from activities involving cryptocurrencies, prompting major banks in the country to declare they will no longer issue accounts required for crypto trading. South Korea’s top bitcoin exchanges are all effected, including Bithumb, Coinone, and Korbit. Banks that have made announcements include Shinhan Bank, Korea Development Bank, and Industrial Bank of Korea.

https://news.bitcoin.com/south-korean-banks-crypto-accounts-government-plans-a-ban/?=OneSignal+Push