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21 June 2021

South Korea's Crypto Exchanges Balk at Further Restrictions - Decrypt

South Korea's Crypto Exchanges Balk at Further Restrictions - Decrypt


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To keep earning money from cross trading, exchanges would have to open businesses dedicated to converting crypto to fiat.

However, the FSC believes that restricting cross trading would prevent exchanges from manipulating prices, and ensure that operators don’t receive information before their clients.

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