Impact on the Global Cryptocurrency Landscape: South Korea's decision could set a precedent for other especially in countries where crypto posed by the burgeoning crypto. Yield How to Buy Corporate. How to Invest in Real.
Must Reads. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. South Korea's Financial Services Commission FSC has proposed an amendment to its credit finance act that would effectively prohibit local citizens from purchasing cryptocurrencies using credit cards. Under the rules, exchanges would also have to pay fees to customers for using their deposits. South Korea's Financial Services Commission FSC has proposed a ban on using credit cards to purchase cryptocurrency, citing concerns "illegal outflow of domestic funds overseas.
/https://specials-images.forbesimg.com/dam/imageserve/1009972288/0x0.jpg%3Ffit%3Dscale)
