On the other side of the world, Qatar has just banned crypto trading, which is no doubt counter-productive, especially in a country with a rapidly growing economy, and an expansive financial sector, all locking-horns with regional rivals like Saudi Arabia.
This news from South Korea is pretty good, although its only a recommendation thus far, and not a full-on action to be set in place. Nevertheless, it's good hear some positivity from the S. Koreans, since the government has been negative on Bitcoin for some years now, so a turnaround like this can only be good for the future :-)
Let's hope more countries, like India, join along soon!
Yep, it's a long ways from actually happening, but I did like their conclusion about stopping crypto asset trading not really being possible at this point.
Yeah, I've read that as well. It's inevitable for cryptocurrency to move further into the mainstream, and the only thing governments ought to do at this point is not ban them, rather they should consider imposing fair regulations to control fraud, market manipulation, money-laundering, etc.