South Korea Finance Minister said that cryptocurrencies are Necessary For Blockchains to Operate

in korea •  7 years ago 

He also stated this, “The Finance Ministry has no plans or intentions to eliminate or prohibit cryptocurrencies. Blockchain technology is an important technological breakthrough to fuel the fourth industrial revolution and as such, the ministry will take a cautious approach in regulating the cryptocurrency market. For negative use cases of cryptocurrencies, the ministry will impose strict regulations"

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