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/Good news, in my opinion, where Korea, which is a developed country, starts to legalize BTC in their country, my own hope is that in the future large developed countries like China, which are still doing strict regulations on BTC, can be more open with new things like South Korea. and hopefully the South Korean movement can attract large investors from the country to invest in the cryptocurrency sector