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South Korea: Foreign Exchanges Limit Transactions Following Strict Crypto Regulations
Regulators around the world are cautious about the rise of cryptocurrencies. South Korean authorities are not an exception. The Governor of Bank of Korea, Lee Ju-Yeol, stated that Bitcoin “has no intrinsic value. дальше »
2021-8-19 04:00 | |
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Leveraged Crypto Trading is a Threat to Financial System, Warns Bank of Korea
Earlier this week, head of South Korea’s central bank Lee Ju-yeol warned that leveraged crypto trading was a threat to the country’s financial system. “An excessive level of leveraged cryptocurrency trading puts households at risk of financial damages considering the instability of [crypto],” he said. дальше »
2021-5-28 11:41 | |
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BoK says leveraged crypto trading poses a threat to the banking system
The Bank of Korea (BoK) has come out to warn that the increasing cases of leveraged crypto trading by South Korean citizens pose a significant threat to the country’s financial system. A report unveiled this news on May 27, citing remarks from BoK’s governor, Lee Ju-yeol, who spoke after a monetary policy committee meeting yesterday. дальше »
2021-5-28 18:31 | |
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Глава ЦБ Южной Кореи: торговля криптовалютами с кредитным плечом угрожает финансовой системе
Глава Банка Кореи Ли Джу-ель [Lee Ju-yeol] заявил, что торговля цифровыми активами с кредитным плечом угрожает финансовой системе страны. Об этом сообщает Korea Herald. «Чрезмерные уровни криптовалютной торговли с кредитным плечом подвергают семьи риску финансовых убытков с учетом нестабильности этого рынка», — подчеркнул управляющий центробанка Южной Кореи. дальше »
2021-5-27 16:20 | |
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Bank of Korea Governor Says Crypto as a Payment Option is Limited
The Governor of the Bank of Korea (BOK) Lee Ju-yeol opined that adopting cryptocurrency as a means of payment came with limitations. The statement comes as company behemoths are including crypto as a payment option on their platforms. дальше »
2021-4-17 13:00 | |
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Launch of CBDCs will Lower Bitcoin Demand, Says Bank of Korea Governor
The Korean Central Bank Governor believes the rise of CBDC will reduce demand for bitcoin (BTC) and other cryptocurrencies. CBDCs Could Hamper Bitcoin Demand In a rather interesting remark, Lee Ju-yeol, the Governor of the Bank of Korea recently state that the demand for bitcoin and other similar cryptocurrencies could dwindle once sovereign CBDCs areRead More дальше »
2021-3-27 15:00 | |
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Bank of Korea chief claims crypto assets lack intrinsic value
The head of the Bank of Korea (BoK), Lee Ju-yeol, recently put forward the…
The post Bank of Korea chief claims crypto assets lack intrinsic value appeared first on Coin Journal.
дальше »2021-2-25 14:54 | |
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Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor
Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. дальше »
2021-2-25 03:30 | |
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Bank of Korea Governor Bashes ‘Volatile’ and ‘Invaluable’ Bitcoin
Lee Ju-yeol, South Korea’s central banking chief, has slammed Bitcoin for its volatility. Several policymakers have also criticized Bitcoin, following a week of extreme volatility in the asset’s price. дальше »
2021-2-25 22:51 | |
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