RE: Without Korea and Upbit Steem Would Still Be At 10 Cents

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Without Korea and Upbit Steem Would Still Be At 10 Cents

in steem •  7 years ago 

I think that South Korea may be one of the countries in the world that currently supports the cryptocurrency trade. The Korean Blockchain Association disclosed some rules that the government hopes to implement. The purpose is to “promote transaction transparency and prevent money laundering insider trading and other illegal transactions.” For example: (1) separate management of customer's digital currency and the company's own, (2) rapid processing of abnormal transactions, (3) new cryptocurrency for the upgrade of listed customer protection systems, (4) holding a minimum equity of 2 billion won (approximately $1.85 million). (5) Release regular audits and financial reports. At the same time, the Korean people’s enthusiasm for cryptocurrency is unprecedented, and 22.7% of young people aged 20-30 have said that they have purchased cryptocurrencies. Wow, look at my around. The survey results show that the average cryptocurrency investment of young people aged 20-30 is approximately 2.9 million won , compared with 6.29 million won for aged 50 generations of investors.

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