đDeFi enthusiasts, gather 'round! South Korea's Financial Services Commission (FSC) is shaking things up by proposing to ban credit card purchases of cryptocurrencies. Why? To prevent illegal fund outflows, money laundering, and speculative activities. đ”ïžââïž
đLocal exchanges already have strict rules, but foreign ones? Not so much. So, the FSC is looking to level the playing field and ensure responsible use of virtual assets. đ
đŁïžGot an opinion on this? Join the public consultation until Feb 13th! Let's make the crypto world safer, one regulation at a time. đȘ
đThis move is part of a global trend to tighten crypto oversight. So, what do you think? Is this a step in the right direction or just another hurdle for the DeFi, Web 3, and Technology sectors? đ€ Share your thoughts below! đ
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