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South Korea Would Block Companies From Using Usdt and Usd Coin
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The South Korea Financial Services Commission is preparing to keep USDT and USD Coin out of corporate reach, a decision that threatens to frustrate companies that expect to use stablecoins for international trade, foreign exchange cover and potential treasury strategies. *** The FSC would prevent exchanges from opening corporate accounts for South Korean companies for the purchase of stablecoins such as USDT and USD Coin. Companies linked to cro…
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