Post
Topic
Board Bitcoin Discussion
Re: South Korea officially recognizes cryptocurrency exchanges as financial... 🔥🔥
by
Ilegendph
on 11/08/2018, 12:50:17 UTC
South Korea for now recognizes crypto currency exchanges as financial institutions. It's a GOOD news and BAD news... More info here: https://blockchainmuffin.com/south-korea-officially-recognizes-cryptocurrency-exchanges-as-financial-institutions

As I read the article, I would rather choose the long run advantage despite of the regulations that may impose by the south korean government. Their government still wants this cryptocurrency industry to grow. They just want to protect their people through regulations and because of this it may come up that it will do good as a whole. We just need some sacrifice to do so like the current price of bitcoin will go down for now.