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South Korean Government Officials Banned From Using Cryptocurrency

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Tue, 6/03/2018 - 11:40
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South Korean Government Officials Banned From Using Cryptocurrency
Cover image via U.Today
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Reports from South Korea suggest that government officials have de facto been banned from holding and trading cryptocurrency. It is a blanket ban that affects even those whose jobs has nothing to do with digital currencies. 
The ban affects all civil servants, and as reported, the officials are to “refrain from holding and trading virtual currency even if there is no job relevance.”

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The consequences of being caught engaging in cryptocurrency activities, which contravene ‘civil servants law,’ could lead to disciplinary measures, although this punishment is not defined.

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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