I trust Reuters far more than I trust CNBC, so I linked the Reuters report. It's not yet clear that they will ban the entire trading, or only "anonymous" trading, hence implementing KYC and AML. As always, panic is greatly exaggerated, but part of the news is true.
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Ah, didnt notice the source, thought the news come from cnbc. Anyway Koreans are reporting that gov will be banning exchanges that dont operate under new law. The rest will be just fine. China bans bitcoin is so 2015, we need SK now ;)