Are These Cryptocurrency Regulations Unconstitutional?
They could have a serious effect on your crypto-trading.
The government’s regulation is devaluing virtual currencies by making trading very difficult. Thus, this is an infringement on people’s property rights by the government’s unlawful measures.
— A statement released by the Seoul-based Anguk Law Offices, following its filing of a constitutional challenge to new cryptocurrency trading regulations proposed by the South Korean government. Prior to the new year, the South Korean government announced that users of domestic cryptocurrency exchanges would be prohibited from making transactions through anonymous accounts.
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Staci Zaretsky has been an editor at Above the Law since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
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