Crypto Purchase Via Credit Card Could be Banned in South Korea, Here’s Why

Crypto Purchase Via Credit Card Could be Banned in South Korea, Here’s Why

South Korea, despite its relatively pro-crypto stance, is trying to regulate the ways its residents interact and engage with virtual currencies. The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards. The aim is to keep reducing the margin for notorious…