South Korea’s financial regulator declared today the government will allow “normal transactions” of cryptocurrency, a move that comes just three weeks after it announced it was weighing closure of local virtual currency exchanges, Yonhap News Agency reports. On Jan. 30, South Korea debuted a cryptocurrency trading system that required users to submit their real names to conduct transactions, as a means to reduce money laundering and other crimes, the report notes. Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at