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Re:South Korea considers cryptocurrency tax by worldburger on Wednesday December 13, 2017 @01:11AM (#15912402)
Precisely. Tight currency flight controls (see Korean Anti-money laundering laws).

$50,000/year is the limit per capita for personal use.

BUT even then, you’d need a Korean bank account which is difficult for non-resident foreigners to get.

Re:South Korea considers cryptocurrency tax by charlesdm on Wednesday December 13, 2017 @06:32AM (#15913580)
Do the same limitation apply to legal entities? Why not just set up a company?
Re:South Korea considers cryptocurrency tax by unixhero on Wednesday December 13, 2017 @02:53AM (#15912740)
How about not using fiat currency whatsoever