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Cryptocurrency Legal in South Korea

The South Korean National Assembly unanimously voted in favor of a bill on Thursday that provides the regulatory framework for cryptocurrencies, exchanges and crypto-related platforms. The approval of the amended Special Financial Transactions Information Act signifies the legalization of cryptocurrency trading and holding in the country. It marks one of the world’s most comprehensive legal frameworks for the emerging industry.

Top FALSE Bitcoin/Cryptocurrency Statements

As with any new area of investment, cryptocurrencies have prompted potential investors and analysts to ask many questions. In the past couple of years, digital currencies have experienced significant boosts in popularity, and there are persistent untruths, myths, and rumors about the space in general and about certain coins and tokens in particular. Below, we'll take a look at some of the most common myths about digital currencies, and we'll explore whether or not each contains some truth.