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RE: South Korea shoots out the lights and breaks through the ceiling.
South Korea is going to put Regulations/Guidelines to make sure of NO money Laundering type of issues come up, but will not Ban due to so many innovative ideas come out from South Korea (Aka Exporting Value and Importing Wealth into their country). It is making their country boom with more technological advances and creating more jobs and wealth.
Now North Korea has been the greatest beneficiary of Bitcoin due to Hacking and stealing Bitcoins and Hiring Miners in China to send Bitcoins into North Korea. And Bitcoin skyrocketed in price. People just need to becareful with their PRIVATE Keys and exchanges be robust, so they don't get hacked.
@rayonitever Where's the best place to get news about SK and crypto situation? I really don't see SK banning crypto for the mention reasons.
Many people including Miko Matsumura (One of the most respected dude in Crypto) retweeted Joseph Young's Tweet.
Joseph Young was the guy in South Korea fighting all the FUD. He has his own bio on twitter so I will leave to that as an Intro of him.
His Twitter - @ Iamjosephyoung
Thanks
No problem mate!
This is great news. It's good to know the government has enough vision to know the future means of creating wealth; and not attempt to stifle the majority of investors working for the good of the economy.
Peace.