Facebook Jeevan Thomas is a full-time member of the Editorial Team from December 2017 at AMBCrypto. He is a Journalism major from Manipal University with four years of writing experience in Blockchain technology and worked with the Bennett Coleman group in India.

Jeevan writes about the latest news in Blockchain and cryptocurrencies. He previously held value in Bitcoin and Ethereum.

Your email address will not be published. Required fields are marked Real name trading was effective from Jan 30th after the South Korean government wanted to stop anonymous trading.

The recent notice by the South Korean banks states that the issuance of account holders will be suspended in case of no real name verification made on cryptocurrency transactions on virtual accounts. A local South Korean news agency, Yonhap News Agency reported that only 19 percent of all virtual accounts have been converted into real-name accounts.

The countries’ government banned anonymous trading completely on January 30, stating only real name accounts will be allowed to trade or invest in cryptocurrencies. 66 members of the cryptocurrency industry in South Korea formed Korean Blockchain Association and submitted themselves for ‘self-regulation’ and willingly admitted to going through evaluations. Read more from ambcrypto.com…

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