South Korea’s PPP Pledges to Ditch Crypto Exchange Banking Rules if Elected

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The South Korean People Power Party (PPP) has claimed that it will abolish the country’s controversial crypto exchange banking law if its candidate wins June’s Presidential Elections. The South Korean media outlet EDaily reported that the party has promised to do away with a law that requires domestic banks to form exclusive partnership deals with domestic exchanges, with the former absorbing the lion’s share of risk liability. Crypto Exchange Banking Rules: On the Way Out? Without such a partne...