South Korea Responds To Public Petition on Crypto Trading Ban

We all have heard on how huge crypto is in South Korea and the looming talk of an outright ban on Crypto, last month the people of S Korea have gathered a petition with over 200,000 signatures opposing any kind of ban on cryptocurrency trading. The government is still divided regarding the matter but they have stated that their main goal now is to "Prevent any illegal acts or uncertainties regarding cryptocurrency trade, while eagerly nurturing blockchain technology."

Last week, the US SEC meeting stated something similar where they do not want to get in the way of the blockchain technology progression but will persecute anyone out there trying to launch scams.

For now it seems that we are for once getting decent/good news and that is why the markets have been steadily climbing for the last few days. Lets hope this upward trend continues...

Thanks for reading, please upvote and comment if you liked the post!
Steem on!