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Korean minister says all 200 crypto exchanges in the country face a risk of closing down

Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun .
He added officials were further planning to impose taxes on cryptocurrency trading and that the government had “no plans to protect” crypto investors.

#PANews 
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