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New Korean Financial Watchdog Chief Takes Softer Tone on Cryptos


Kargai

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Posted

After all the "bad" decisions we read from South Korea in the past few months (asking for real-name verification of exchange users before the end of the year, ban of ICO, ...) this is a good news : the future governor of the Financial Supervisory Service (FSS) seem to be more flexible about cryptos.

Even if he decline to go in details saying it will take time, Yoon Suk-heun seem more positive about blockchain, stating that there is some positive   aspects in it and that a greater stability will only help everybody in the market.

Source : https://www.coindesk.com/new-korean-financial-watchdog-chief-takes-softer-tone-on-cryptos

Let's wait the concrete actions they will take but at least he's not saying that cryptos are baaaaaad and need to be eradicate  ^^ He will start his job beginning tomorrow, 8 May 2018.

Posted

Seems great news for the South Korean people. As long as the government is open for the adoption of the crypto, anyways there are indeed no doubt that many people there uses cryptocurrency. 

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