Report all crypto transactions or face 5-year jail term in South Korea


$ 83,342.8
€ 77,168.1
¥ 38,800.0
£ 64,573.1
BTC
1.30 %
$ 1,836.62
€ 1,700.05
¥ 855.17
£ 1,423.44
ETH
2.30 %
$ 214.93
€ 199.03
¥ 100.38
£ 166.54
XMR
-0.79 %
$ 83.03
€ 76.88
¥ 38.69
£ 64.33
LTC
-3.28 %

Strict reporting rules for crypto businesses in South Korea are set to come into effect with existing firms given six months to comply or face stiff penalties.