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Regulation of cryptocurrencies likely to tighten

US wants to ensure that they are not used for illicit activities

South Korean financial authorities have created a task force to oversee cryptocurrency exchanges (above) and to ensure cryptocurrency businesses are compliant with existing regulations.


CRYPTOCURRENCIES are likely to remain in the world's financial landscape, albeit under a regulated regime.

Since March last year, the market capitalisation of Bitcoin and altcoins (alternative cryptocurrencies) has surged to US$557 billion, according to calculations by data...

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