Tag: Accounts

Real-name transactions of cryptocurrency trading in S. Korea to start on January 30th

Turning now to ongoing government efforts to regulate the local virtual currency market.In a week’s time, new accounts can only be created using real names.Traders can no longer make transactions anonymously.Our Lee Jeong-yeon tells us more.After the explosive growth in the number of cryptocurrency traders in South Korea, thegovernment announced back in December… that it

Korea to impose additional regulatory curbs on cryptocurrency trading, prices nosedive

Quite stunning scenes on South Korea’s cryptocurrency exchanges this morning as prices fell of acliff after the government made a surprise announcement.It plans to require real-name transactions in cryptocurrency trading starting next month,…banning the use of anonymous virtual accounts– to regulate what they see as out of controlspeculation.The government policy coordination minister said Thursday that

Korea to impose additional regulatory curbs on cryptocurrency trading, prices nosedive

Quite stunning scenes on South Korea’s cryptocurrency exchanges this morning as prices fell of acliff after the government made a surprise announcement.It plans to require real-name transactions in cryptocurrency trading starting next month,…banning the use of anonymous virtual accounts– to regulate what they see as out of controlspeculation.The government policy coordination minister said Thursday that

Marketplace’s Molly Wood answers 5 questions about BITCOIN

Hey, I’m Molly Wood, host of Marketplace Tech,here to answer five questions about bitcoin.Bitcoin is an encrypted digital currency.It’s sometimes called a cryptocurrency.And it is a global payment system.But it’s built on top of this technology called blockchain,which is essentially a virtual ledgerthat keeps track of every transaction.And the ledger is publically distributed.So in theory,