South Koreas Financial Services Commission FSC has announced that Bitcoin futures trading will not be moving forward in the country. &8216Cooling Down The Market&8217 In legislatory warnings Tuesday, the regulator went against the trend gaining speed in the US and Japan and banned futures trading, along with suggesting a tax on virtual currency transactions. The move has already resulted in the cancellation of several informational seminars on futures, local news outlet Korea Herald repo

Source and More information: South Korea Bans Bitcoin Futures As Authorities Consider Crypto Income Tax

Author: CryptScout.com