back to article South Korea cracks down on unlicensed foreign crypto businesses

South Korea's Financial Intelligence Unit (KoFIU) said on Thursday it has identified 16 foreign crypto businesses it will investigate for operating unregistered. "The 16 foreign-based Virtual Asset Service Providers (VASPs) were found to have been engaged in business activities targeting domestic consumers by offering Korean- …

  1. Mike 137 Silver badge

    "crypto businesses"

    Not, as one might immediately think, cryptographic technology designers and vendors, but unregulated digital currency operators. Now 'crypto' seems to have this exclusive meaning, what are we going to call those who create and sell ciphers?

    1. RichardBarrell

      Re: "crypto businesses"

      Cryptographers and cipherpunks.

      It's unfortunate that the words are a little longer. The silver lining is that both sound better in poetry.

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