Financial Services Commission (FSC) Chairman Choi Jong-Ku said on Monday that it was considering measures to restrict cryptocurrency transactions to some extent which includes an all-out ban.
We are discussing to what extent the government will regulate the trade. Including the prohibition of trade. he said at an at a luncheon meeting on Monday.
The clarification comes after news spread on Friday that South Korea was already considering banning all kinds of transactions.
We are discussing to what extent the government will regulate the trade. Including the prohibition of trade. he said at an at a luncheon meeting on Monday.
The clarification comes after news spread on Friday that South Korea was already considering banning all kinds of transactions.
Well this is only talk for now. There has been a hearing in Polish Parliament and the expert from central bank expressed the same views, that maybe they should be thinking about talking about considering banning bitcoin (irony was intended). But later he added that ok, but let's restrict ourselves to warning people for now.
So if it remains only talking in Korea we are all good. For now
