South Korea was never planning a blanket crypto ban or a plan to shut down all crypto exchanges nationwide... It is, and always was about forcing South Korean crypto exchanges to comply with AND enforce stricter Know Your Customer (KYC) rules in an effort to eliminate (or at least greatly reduce) anonymous purchases/trades in the crypto space (a crackdown which was required due to their loose exchange rules and anonymous banking practices which are commonplace in the region). Basically it is less to do with a crypto/exchange ban and more to do with taxes, but apparently people like taking stuff out of context, and love to FUD FUD FUD!