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South Korea's Presidential Office denies plans to ban cryptocurrency tradingSEOUL, Dec. 13 (Yonhap) -- South Korea's government decided Wednesday to seek a series of measures to curb cryptocurrency speculation and crimes. Hopes abound for this blunt policy instrument in Korea. Retail investors count on the ban to encourage short covering to boost stock prices. The amendment aims to prevent local traders from buying crypto on foreign exchanges due to concerns about illegal fund outflows, money.
