South Korea plans interagency crackdown on illegal crypto transactions

Cointelegraph

Published Apr 19, 2021 04:35AM ET

Updated Apr 20, 2021 06:40AM ET

Several South Korean financial authorities are planning to join forces to combat illegal operations involving cryptocurrencies like Bitcoin (BTC).

The interagency crackdown comes in response to growing concerns over speculative investments and potentially illegal activities amid the ongoing boom in crypto markets, Koo Yun-cheol, head of the Office for Government Policy Coordination, said Monday.

Continue Reading on Coin Telegraph