We urge the government to break away from negative perceptions and hesitation, and draw up bills to help develop the blockchain industry and prevent side effects involving cryptocurrencies. - Korean Bar Association
Will this encourage trust and investment or its just a way to bring crypto under surveillance and regulations?
yes, of course this is very good news indeed. International precedent is very important and South Korea is a significant player on the world stage... hugely because of the dominance of their conglomerations such as Samsung, Kia, Hyundai, etc. I am very happy to see this support for blockchain and financial technologies.