eh, i'm sure you realise this as well, bitcoin is simply going to be more regulated than it is right now.

Not exactly good news, we hate it when governments try to tighten their grip on policy regarding bitcoin. In fact, this is more like bad news.

I'm sure that S. Korea alongside India is just going to make the price of bitcoin in their country more inflated. As we all know, south korean and indian exchanges have the most outrageous exchange rates, often 10-20% higher than actual USD/BTC rates. The more regulation they put in, the more people are going to move towards p2p trading, though. Just like china has done when the central bank did a similar thing.