The South Korea taking their move on regulating Bitcoin.
The governments stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."Read the full report:
https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/Yes. Its a month time ago since south korea start to accept bitcoin. I heard they also used it now as a mode of payment in malls and other stores online, which is good because that is the purpose of bitcoin to be used in transactions. For sure they see cryptocurrency as a future currency to their country, its good to hear that south korea one of the attractive place to visit will ready to embrace cryptos.