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South Korea Considers Licensing Bitcoin Exchanges

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Tue, 13/02/2018 - 14:04
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South Korea Considers Licensing Bitcoin Exchanges
Cover image via U.Today
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According to BusinessKorea, The South Korean government is considering a licensing system for cryptocurrency exchanges that is similar to New York's BitLicense. South Korea says they will use New York’s BitLicense as a benchmark, and that a system like New York’s BitLicense is capable of merging cryptocurrency with the traditional banking and finance system. 

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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