South Korea Doesn’t Plan to Shut Down Cryptocurrency Trading, Says Finance Minister
South Korea’s finance minister Kim Dong-yeon said on Thursday that the government has no plans to shut down cryptocurrency trading, according to the report from Reuters.
In response to a question from a lawmaker on the government’s plans for regulation of the cryptocurrency industry, Kim Dong-yeon said, “there is no intention to ban or suppress cryptocurrency [market].” He added the government’s immediate task is to regulate exchanges.