https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.
The essence of bitcoins anonimity and decentralization will be lost if that is the case. Bitcoin users prefer that their account in bitcoin is anonymous without an owners name but if you count it as an asset then the bitxoin address will be known and will be identified as owners. When bitcoin will count as an asset then you must pay a tax to the government which is totally not a characteristic of bitcoin.