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South Korea Is Going ALL-IN on CryptoSouth Korea Mulls Issuing Crypto Mixing Regulations to Curb Money Laundering � South Korea's Crypto Volumes Peak in as Upbit and Bithumb Dominate Local. The South Korean government is cracking down on bitcoin, with proposed legislation seeking to limit how conventional banks interact with bitcoin. Yoon Suk-yeol led an election campaign that favored relaxed cryptocurrency policies and appealed to South Korea's young men.
