Korean Gov: I'm going to prohibit withdrawals from Korean exchanges to non-KYC'd wallets like Metamask by March 2022.
Degens: So no more DeFi, NFT, DAO for Koreans? π
Korean Gov: No exceptions. Every blockchain wallet must be KYC'd.
Nice job Korea!
Conversation
Yeah ok good luck with that
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(Ducks summons from the National Assembly)
Funny how the two countries with the most defi innovation are the most against defi.
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Sooner or later some transfer will be paired with a real world name and purchase and then you send the police to make an example for others, as in what happens when you don't kyc wallets. This is a general direction this may be heading.




