kurious
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December 08, 2017, 02:28:16 AM

WTF is the deal with these korean exchanges, are they a new hub for chinese money or something like that?

No one outside Korea can get fiat in or out. South Koreans probably aren't the biggest fans of Chinese people either.

This Chinese proxy thing is a myth IMO.

The reason Korean exchanges act like China is because they operate like China. And I think the Korean authorities will pull another China themselves fairly soon.

So is it virtual USD?

Edit: I mean I see prices quoted in USD, but is it actually Won?