Bybit Crypto Exchange Suspends Services In South Korea
Read the full article by Helen Partz here 9/17/21
Bybit will stop offering crypto trading in South Korea amid the September 24th deadline.
Long term this is not a bad thing, South Korea has always been one of the more diligent nations when it comes to AML(Anti-Money Laundering).
South Korea does not want to halt crypto trading, they just want to make sure it is being done the legal way.
Although tighter regulations normally is a bearish sentiment, clarity is needed for this market to grow into what it can become.