#South Korea Regulator Seeks Cryptocurrency ‘Normalization’ in Dramatic U-Turn !

in cryptocurrency •  7 years ago 

In a complete turnaround, South Korea’s financial regulator and watchdog has bullishly called for the development and ‘normalization’ of cryptocurrencies in the country.

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Featured image from Shutterstock.

Choe’s call to normalize the cryptocurrency industry in a self-regulated space and encourage blockchain technology represents a stark rejection of a complete cryptocurrency trading ban – akin to China – proposed by the justice minister in January. Since then, South Korean authorities have moved to ban the use of anonymous bank accounts in cryptocurrency trading with the government now being urged to “support” the “normalization” of cryptocurrencies in the country...Click here to know the details story

AUTHOR
Samburaj Das

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