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Enterprise Information Roundup, Dec. 29

South Korea

Crackdown

on bitcoin

South Korea would require individuals who commerce bitcoin and different digital currencies to take action underneath their actual names, the nation’s authorities stated Thursday, as a part of efforts to curb hypothesis.

Bitcoin, the best-known digital foreign money, has been on a gravity-defying bull run over the previous few months. The worth of a bitcoin began the yr round $1,000 and topped $19,000 this month, inflicting peculiar savers all over the world to get in on what stays a largely unregulated — and extremely risky — funding.

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