South Korea is now officially recognizing crypto as regualted banks

[xtinepink]

Finally with so many walls and debates with many countries if they will regulate and accept crypto or not. South Korea made a final decision with cryptos. 

The country already recognized crypto exchanges regulated financial institutions and banks. It is now in the category of Cryptocurrency Exchange and Brokerage. 

This is really something especially to their community and also we can benefit from that as they give much volume to cryptos too. 

 

What are your thoughts?

 

source: 

https://www.ccn.com/breaking-south-korea-is-officially-recognizing-crypto-exchanges-as-regulated-banks/

 

 

[Kate]

Oh thats nice. Good to hear that there are countries that support crypto exchanges and not treat them harsh and put bans. 

[Neo-rock]

Major people will choose crypto exchange due to high efficiency