South Korean authorities are currently clamping down on cryptocurrencies and are proposing a legislation to possibly ban cryptocurrency because they have linked it to gambling and other illegal behaviours among their population. This has caused some uproar in the market. However, the lives of many young Koreans depends on cryptocurrencies as unemployment rate remains high in the country. What do you think will play out if the government of South korea finally succeeds in shutting down the crypto space?
yes its true. they failed to shutting down the cryptocurrency. its been dire weeks for crypto world cause of this issue. now is time for market to recover cause they fail to ban the cryptocurrency. this indeed great opportunity cause korea soon will be back to the game.