South Korean regulator considering shutting down all virtual currency exchanges

Dhwani Mehta FXStreet

Reuters reports the latest headlines, citing that the South Korean regulator is said to consider shutting down all virtual currency exchanges.

South Korea's Financial Services Commission head Choi Jong-ku noted: "(The government) is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law".

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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