From Cointelegraph
While on trip to China for economic talks, South Korea’s Finance Minister Kim Dong-yeon spoke positively about the potential for Blockchain, saying that “Blockchain technology can disrupt and revolutionize the world,” according to the South Korean-based Yonhap News Agency.Read more: https://cointelegraph.com/news/s-korean-finance-minister-blockchain-can-revolutionize-the-worldDuring a meeting with Zhou Xiaochuan, governor of the People’s Bank of China, Yeon also spoke of a need for more cooperation with China on Blockchain technology.
According to another Korean news site Chosun, Yeon reiterated that the South Korean Finance Ministry has no plans to ban or restrict cryptocurrencies within the country, adding:
“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.”
Finally, it looks like we are reaching a good news cycle out of Korea. Perhaps the politicians and elite got the buy in price they desired? Let's hope for good things this month as we shake off a horrible January.
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Interesting. I wonder what caused the change in tune?
I mean didn't korea recently withdraw from crypto?
Maybe they are seeing the light beyond the global cabal bankers & realise it is time to get back on board?
If china follow suit !!!
That story re 100K BTC by xmas 18 could be looking realistic ?
That’s is one of the reasons Blockchain will have a great future. We should take an advantage of recent sell off and add cryptos to our portfolio.
So u r saying it was planned??? The cryptomarket crash was planned??? OMG...
???
It was a joke... I don't think you can really plan something like this. Yes there are big whales out there and yes, they might have to much power but the market is to big as if they could just decide what happens next. They might influence the direction where it is going but not the magnitude.
ok dear :)
Can be ... If one told me that it was a pump & dump I would believe it ... But can also be standard variance of the huge yearly uptrend of cryptos.
I love your post and post you very good friend thanks for sharing interesting things
It's all very interesting. Can't wait to see how it all unfolds... This could send a massive Shockwave throughout the world.
yes i agree with him
Finally mainstream media talk positive about blockchain and its technology. We got into a load and load of FUD recently.
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