It is Not Possible to Arbitrage South Korea’s Cryptocurrency Premiums Without Breaking Laws

The post It is Not Possible to Arbitrage South Korea’s Cryptocurrency Premiums Without Breaking Laws appeared first on CCN

In December 2017, several Chinese traders were arrested for various charges including money laundering for taking advantage of the high premium values of cryptocurrencies in the South Korean market. The traders sold millions of dollars worth of bitcoin for profit, given the high premium rate of bitcoin in South Korea, and brought the money back

The post It is Not Possible to Arbitrage South Korea’s Cryptocurrency Premiums Without Breaking Laws appeared first on CCN

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