There was so much buzz about South Korea being totally against bitcoin and other crypto currencues .
I also heard about its opposition towards ICOS . But it is very appreciable that they finally decided to give a positive verdict on bitcoin and its legality in their country . This is an another milestone since so many ICOs comes from Korea.
Not only on South Korea but in almost big and influential countries too but the good thing here is that they do revert their decision that's why I don't lose hope for those countries to take the same decision later on where they do change their views about crypto and adopt it instead of blocking it and now we are seeing South Korea is doing it. This is a very positive news yet we do know on how big the market is in Korea.
So what country will be next?
I have no doubt that South Korea will really adopt crypto because we all that together with Japan, they really took over the torch from China last year. So its a sigh of relief that they went back and at least recognized crypto as I think it has a factor why bitcoin's price suddenly went on a free fall. So I'm now expecting a bit of price increase in the next couple of days because of this good news. As for who's next, hard to say but as long as governments around the world are open-minded about bitcoins and crypto, I'm sure that someone will follow in the next couple of years.