‘Bitcoin Regulation Act’ Introduced in South Korea Bans MLMs

Legislation outlining the regulatory framework for digital currencies including bitcoin in South Korea has been introduced by lawmaker Park Yong-jin. It defines digital currency, introduces five classifications of digital currency handlers, as well as specifies requirements and prohibited activities.Also read: Korean Digital Currency Bill to Launch Shortly but Government Has Concerns‘Bitcoin Regulation Act’ IntroducedRep. Park Yong–jinKorean…

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