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South Korea: Government official expressed to Blockchain & Kryptobörsen

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there are again news from South Korea. In a video, Hong Nam-Ki has expressed to current plans of the Government with regard to Blockchain and Kryptowährungen. In contrast to past messages, the statements have a much more positive tone.

After all the FUD recently, from South Korea, came, there is positive news. While the Bitcoin class slowly recovering from the slump in January, also made the news again assume a more conciliatory tone. So speak the current plans of the Government in South Korea clearly ensure that there will not be the much-feared ban on Kryptowährungen and exchanges. Much more likely the Government in South Korea is on a successful from December last year to govern petitions.

That the applicant had committed himself strongly regulation instead of a complete ban for a reasonable . The Government, however, wants to combat the dangers that repeatedly come up in particular critic at Kryptowährungen see, rather than to pronounce bans. So, you want to avoid with a new system things like market manipulation and illegal activities.

South Korea faces to Blockchain plans

Hong Nam-Ki, Chairman of the sükoreanischen Office for the coordination of Government policy, has been expressed today in a video . The system introduced in January for the prevention of money laundering is currently the focus of Government efforts:

“currently the Government puts its focus on transparency in transactions of Kryptowährungen within the legal framework. Unwanted things at registration on stock exchanges happened in the past. So unknown have laundered their money through non-registered accounts or transfer money from customers in some cases to other customers.”

All citizens in South Korea are required to provide their real name registrations recently. Hong further said that the Government had increased its budget for research in the area of Blockchain:

“we will do our best to improve the competition in technology issues by developing technology for the Blockchain or in the industry” apply. As a matter of fact, the Government plans a development plan for Blockchainlösungen during the first half of the year.”


Phillip Horch Phillip

 Phillip Horch Horch has completed his master’s degree in literature-art media at the University of Konstanz in the October 2017, and has since worked as a freelance journalist. Already during his studies, he has written for various magazines and now taking hold in Berlin. In the focus of his journalistic work, particularly the opportunities and challenges are so that it deals with the complex subject of Blockchain and Kryptowährungen for some time.

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