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Fri, Feb 19, 2021 3:00 AM by CryptoNews

Bank Account Data May Indicate a Rise in South Korean Crypto Activity

A new report has linked a spike in the creation of new bank accounts in South Korea to a rise in crypto trading – an indication that a large influx of new traders in the East Asian nation has taken up crypto in 2021. In 2018, Seoul created a set of guidelines that requires crypto exchanges to keep their own funds and those of their clients separate in banking procedures.

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