Know Your Customer rules exemplify why moulding bitcoin into the current regulatory framework won t work, argues Ariel Deschapell. Bitcoin drops after the South Korean Financial Services Commission took more steps to limit speculation in cryptocurrency trading in the country.
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Bitcoin trading companies in Israel may soon face tighter rules imposed by the country s finance regulator According to Reuters, the head of the Israel Securities. Bitcoin is a digital , virtual currency that uses peer to peer technology to facilitate instant payments. CME CF BITCOIN REFERENCE RATEBRR) Methodology Guide Version: 2 Version Date: 06 March 2017.
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Dec 28, 2017 Requiring that trading take place using real names brings virtual currencies like Bitcoin more in line with other financial products in South Korea.