South Korea Says 75% Of Illicit Forex Transactions In The Country Are Crypto-Related

South Korea Says 75% Of Illicit Forex Transactions In The Country Are Crypto-Related


Bitcoinist
2022-08-26 11:27:42

A significant number of cryptocurrency holders reside in South Korea. As the bitcoin sector becomes more mainstream, the rate of cryptocurrency acceptance in the East Asian nation has increased dramatically. Recent research, however, suggests that some of these crypto transactions may be used for unlawful operations. Bloomberg reported that the majority of unlawful foreign currency transactions […]