South Korea bans anonymous cryptocurrency trading

Trading and speculation in cryptocurrencies, such as bitcoin and ethereum, are extremely popular in South Korea.

    Starting on Tuesday, South Korea’s government is banning anonymous trading.

    This means traders can only make cryptocurrency deposits from bank accounts set up under their real names.

    But not everyone is happy with people moving towards an unregulated and decentralised financial system.

    Al Jazeera’s Kathy Novak reports from Seoul.

    Source: Read Full Article