The South Korean government had to clarify its position in response to the recent decision of the Supreme Court of the country.
In fact, the latter stated that crypto-currencies are assets whose value can be measured. The position of the Government should be different from that of the Supreme Court.
I think governments have started to understand the potential of crypto. It is true that an asset can be measure. The Indian government is also planning on to take the benefits out of crypto which is why they have planned to treat crypto currencies as goods and hence they are going to tax it as per the rules of GST.
These news might influence the crypto market and hence can result in a green market very soon. I would really hope that BTC along with the other altcoins increase in their prices very soon.