The south korean politics was more clear now, they want to promote all non Anonymous crypto use.
It looks to be a complete change compare to full ban that was expose 2 weeks ago.
But why South korea decided to change their politics??
Jung Ki-joon!!!!
ok that name don't say you any.
He was the one who deeply want to control and regulate stricly the cryptos!!! Claiming that cryptos are not legal currency.
Jung Ki-joon died of an heart-attack few days ago.....
Full article here :
https://www.ccn.com/south-korean-top-crypto-official-dies-amid-mounting-regulatory-pressure/
Probably that's because there is no way to completely ban cryptocurrencies. They will exist in one way or the other for exchange of value. Value of something is derived from belief and if people believe that cryptos can be used for store/exchange of value, they will. Future of Monero seems to be edgy btw.
Because alot people will make alot money and they wil lspend alot money in south korea.... sooo why not... its good for the economy
i agree, a country who is crypto friendly will have a economy boost.
Locals will do more mining, electric company will increase their sales, foreign company will invest and employ people, pay taxs,....