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.
Cryptocurrency can become an asset. Since asset is something to be considered as valuable. If you hold bitcoin for a long time, and the value become higher it becomes an asset. It is a good investment for. Yes legalization of bitcoin can attract many investor which I see can help to boost up the market.