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https://news.bitcoin.com/strict-regulations-south-korean-banks-stop-servicing-cryptocurrency-exchanges/ Whilst the article's headline tells it all, it paints the picture with a broad brush without going into depth on the full details. In my opinion its not a bad thing or a big deal. It will remove anonymous trading and strengthen Crypto reputation in the long run as more than just money laundering and criminal activity. I've read that in Korea there is this system where you can create virtual bank accounts for 24-48hrs without any identifying information about yourself (the account holder). You then received a bank account number that you could go to any atm and deposit fiat into. You could then buy Crypto or do any sort of transaction from the now-funded bank account for 24h and then it was shut down For less biased views on whats going on in korea, check out Joseph Young (@iamjosephyoung): https://twitter.com/iamjosephyoung?s=07 (He reports for cointelegraph. He's been covering the developments in Korea the past couple of days really well)