Sunseong Broadcasting Service
Sunseong Outlaws Cryptocurrency Trading in Mun
Sunseong· · 2 min read
As published by Sunseong Broadcasting Service
The Royal Bank of Sunseong Headquarters in Wonchon.
2026 October 17
The Ministry of Finance along with the Royal Bank of Sunseong, the nation’s central bank, took steps today to outlaw cryptocurrency trading in Mun. The government specifically targeted OnMun, a cryptocurrency that calls itself a “stable coin”. The OnMun, short for Online Mun, was traded one for one with regular Mun allegedly assuring investors that it was a safe backup as it would not be subject to the same price fluctuations that plague other cryptocurrencies.
The government has outlawed the trading of Mun for crypto saying that such transactions are scams that undermine the financial sovereignty of the kingdom. Those found to have traded any Crypto for Mun are subject to fines and confiscation of the funds. The Ministry of Finance announced that it plans to crack down hard on such transactions and investigate them thoroughly.
A spokesperson for the Ministry of Finance spoke to the press saying that the government views cryptocurrency as predatory scams that hurt investors. She claimed, “they have no value, the do not retain any value, they are rug pulls, pump and dump scams that’s only value is for those doing criminal activity.” The government pledges to monitor such activities and ensure that anyone pulling such scams on Sunseongin people or using Sunseongin currency are brought to justice.
those in the crypto investing space have decried the changes saying the government has wiped out their investments and that the government does not understand the appeal of the crypto. One trader, who wished to remain anonymous for fear of being investigated, stated, “all investing comes with risk but crypto is the future and these ahjussi[1] are incapable of understanding. The future of finance will be free from government overreach.”
The Royal Bank of Sunseong disagrees stating that the Sunseongin Mun is backed by the full faith and credit of the Kingdom of Sunseong and that crypto is not backed by anything. They pointed to numerous pump and dump schemes in which creators and early investors of cryptocurrencies encourage people to buy into their crypto with the promise of value only to sell their huge portions and leave those remaining with coins worth nothing. The Bank claims that these scams are so common in the crypto world that it completely devalues the sector as, in the words of one bank official, “are unable to make anything that is not volatile and therefore actually usable as currency for everyday people.”
Some have questioned how the government will actually be able to enforce these measures but the Ministry and the Bank both claimed that they are creating a joint investigatory taskforce that will monitor and hunt down what they called “Crypto-criminals”. Sunseong remains one of the first nations on Eurth to attempt to regulate crypto and it remains unclear if it will be an outlier.
The Sunseongin word for an older man. ↩︎