From open arms to full bans: The latest on crypto regulation in Asia

Cointelegraph

Published Sep 13, 2020 03:00AM ET

Updated Sep 13, 2020 04:40AM ET

When most people hear about buying Bitcoin (BTC) or other cryptocurrencies, they immediately think of the largest exchanges, most of which are located in Asia. Today, countries such as China and South Korea have become epicenters of blockchain innovation. However, in many countries, it’s still unclear whether cryptocurrencies are allowed, and if they are, what their status is.

So, here’s how the regulation of the cryptocurrency market in Asia is shaping up and what should be expected from governments in the near future.

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