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How The Korean Government’s New Bitcoin Regulations Will Affect Startups

By Timothy Sohn Nov 21, 2016 8:52 PM EDT

(Coin Telegraph) – The South Korean Financial Services Commission (FSC) has established a task force to design regulatory framework for Bitcoin companies and users. The government states that regulations will be introduced by the first quarter of 2017. Several meetings have taken place since the FSC’s initial announcement of a potential introduction of Bitcoin regulation.

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