South Korea accounts to end anonymous crypto trading by Jan 20
South Korea could implement a system for real-name identity verification in crypto trading by Jan 20. Also efficiently end anonymous cryptocurrency trading.
Yonhap reported,
“The South Korean government has been developing a system that is likely to start banning the use of anonymous accounts in cryptocurrency transactions from around Jan. 20”.
Currently, many South Koreans trade cryptocurrencies anonymously through virtual accounts issued by banks for crypto exchanges.