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Do Koreans Invest In Crypto? - Street PollAs Bitcoin and other cryptocurrencies have dominated the news across the world of late, this new craze is none more so evident than in South Korea, where huge. The South Korean government restricted the use of anonymous accounts in cryptocurrency trading in and restricted local financial institutions from hosting. South Korea's financial regulator on Friday said brokering U.S. spot bitcoin exchange-traded funds (ETFs) may be illegal in local markets.