First Bank Caps Remittances in Bid to Block Kimchi Premium Opportunists

Publikováno: 20.4.2021

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One of South Korea’s biggest commercial banks, Woori, has fallen into line with government efforts to restrict the flow of money overseas in crypto purchases by imposing limits on remittances made to individuals and companies based in China. Woori was the first to blink after the government and financial regulators held crisis talks with bankers late last week. Seoul claims
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