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South Korea imposes stricter authentication for bitcoin accounts


South Korea will only allow authenticated bank accounts for virtual currency trading starting next Tuesday, January 30.

South Korea seeks transparency, rules out cryptocurrency trading ban


South Korea will seek to increase transparency in cryptocurrency trading by stamping out illegal activities, the Blue House, the country's equivalent to the US White House, has said.

Petition against bitcoin crackdown to Korean president reaches 200,000


Last year, the government announced that minors and foreigners would be banned from opening virtual currency accounts, saying it would also tax income generated from virtual currency.

Korean tech minister seeks to quell blockchain fears amid bitcoin crackdown


South Korea's science and technology minister has stressed that the government will support the fostering of blockchain to quell fears that the recent crackdown on virtual currency will spill over to other emerging technologies.

Virtual currencies take double-digit falls

Daily Mail - Science & tech

Prices of bitcoin and other digital currencies have fallen after South Korea's top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible.