While there is already a big market in Korea for Bitcoin and am sure also for other digital coins, the government is still taking a vacation for its official recognition and the laying of ground rules that everybody can use in transacting with Bitcoin. However, since there is already that start in the discussion am sure that soon there would be decision which can help the country be part of the leader-board for cryptocurrency use and adaption.
Japan can be the best inspiration for South Korea. Koreans are known to be industrious and intelligent and they can channel those qualities into cryptocurrency. One day we can see many fintech start-ups sprouting in South Korea and by then North Korea can be smoking with envy.
I doubt North Korea even know about bitcoin, maybe just some heads from the government who follow the world's economic situation, but ordinary citizens surly NO. But Japan reached the real progress in bitcoin and crypto-currencies adoption. As we know South Korea has kinda a dance battle with Jupan about who is cooler. I think that factor will promote crypto adoption in South Korea. Japan can be the best inspiration for South Korea. Koreans are known to be industrious and intelligent and they can channel those qualities into cryptocurrency. One day we can see many fintech start-ups sprouting in South Korea and by then North Korea can be smoking with envy.
