Seoul Mayor Plans to Unveil Better Self Crypto for Stratup Blockchain.
Park Woon-soon has announced that South Korea will launch its own crypto and create a better environment for startup companies Blockchain and cryptocurrency in the country. He wants to form a blockchain that is oriented like a startup industry and focuses on developing Seoul's cryptocurrency, 'S coin'.
One of the reasons for the development of 'S coin' is to improve the transparency of governance that exists there. Although the Korean government initially applied very strict rules against cryptocurrency.
what do you think about this? is this good news about the development of cryptocurrency in the future?
Another centralized cryptocurrency availabpe only on the locallity to where it was made? I don't think it's a good idea. But it is a good step towards global recognition of cryptocurrencies. To think that the South Korean Government laid their eyes with interest on cryptocurrencies means that there is still hope for total global acceptance for bitcoin.