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/There are several conferences being held in South Korea regarding Bitcoin and Blockchain.There are number of projects from that area too.
South Korea has been one of the biggest support for Bitcoin and blockchain!
Also number of shops are also accepting Bitcoins there. So this country is really advanced and accepting this technology the way it deserves!