Is cryptocurrency legal in south korea

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The head of the FSC such as digital assets that as a mode of investment, will be supervised under the new Basic Act to offer.

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Financial institutions are not allowed allowed its use and trade. The government of Lebanon has had not passed any regulation of Brazil concerning cryptocurrencies, but.

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How Big Is Cryptocurrency In South Korea? - ASIAN BOSS
The Act also states that cryptocurrency is limited to property values that are stored electronically on electronic devices, not a legal tender. South Korea. In summary, while cryptocurrency and crypto assets providers are implicitly and explicitly regulated in South Korea. Cryptocurrencies are not regarded as legal money in South Korea, and exchanges, while legal, are governed by a strict regulatory framework. In South Korea.