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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.

Those with virtual currency accounts created by banks after their real name has been checked will be allowed to trade, the Financial Services Commission (FSC), the nation’s finance watchdog, and Financial Supervisory Service (FSS) and the Korea Financial Intelligence Unit (KoFIU) announced.

Currently used virtual accounts given directly by ex…
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