S. Korea regulator: Plan to allow account by users' real-name only in crypto trading

Dhwani Mehta FXStreet

Reuters out with the latest headlines, citing that the South Korean regulator is planning to make sure local banks only allow account by users' real-name in cryptocurrency transactions, starts Jan. 30.

The new measure introduced by the S. Korean government is mainly due to the local banks having not properly identified crypto traders' transactions details.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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