In Unexpected Move, South Korean Regulator Suddenly Bans Bitcoin Futures Trading
The world’s largest futures exchanges, CBOE and CME Group, have given their imprimatur to Bitcoin futures trading, but South Korea wants none of it. The South Korean government seems to be struggling to understand these currencies which are unlike anything else in the financial world. Recently, South Korea has announced its plans to begin regulating digital currency exchanges and taxing cryptocurrency profits. The country has also banned initial coin offerings (ICOs).
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