South Korea Aims To Ban Crypto Buying Using Credit Cards

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btcusd, Crypto, Crypto News, ethusd, Financial Services Commission (FSC), South Korea crypto

In a bid to curb capital flight, money laundering, and potentially risky speculation, the Financial Services Commission of South Korea has proposed an amendment restricting the use of domestic crypto credit cards for purchasing cryptocurrency on foreign exchanges. This move by the country’s top financial regulator targets a loophole that has allowed Korean citizens to […]