Topic: [2018-01-07] South Korean Cryptocurrency Mania: Exchanges are Adding More Employ (Read 104 times)
January 09, 2018, 05:44:21 PM
This could tempt the government into taking harsh measures before things get out of hand. If the cryptocurrency industry adds value, employs a large number of people and contributes to overall growth, the government will be hard pressed to ban it even if it gets addictive for young South Koreans. They might feel forced to act immediately.
January 09, 2018, 05:16:39 PM
South Korean cryptocurrency exchanges including Bithumb, Coinone, and Korbit are adding more employees than banks and financial institutions, local mainstream news networks have reported.
YTN, one of South Korea’s largest mainstream media outlets, revealed that Bithumb, which processes more than $2.6 billion worth of cryptocurrency trades on a daily basis, has been hiring more talents and experienced specialists from the country’s finance sector than major financial institutions.
The hiring spree came after the government called on local trading platforms to operate as fully regulated financial institutions. After an emergency meeting to discuss cryptocurrency regulations on December 13 was held, the South Korean government has focused on regulating the local cryptocurrency market and tightening policies for exchanges.
https://coinjournal.net/south-korean-cryptocurrency-mania-exchanges-adding-employees-banks/
YTN, one of South Korea’s largest mainstream media outlets, revealed that Bithumb, which processes more than $2.6 billion worth of cryptocurrency trades on a daily basis, has been hiring more talents and experienced specialists from the country’s finance sector than major financial institutions.
The hiring spree came after the government called on local trading platforms to operate as fully regulated financial institutions. After an emergency meeting to discuss cryptocurrency regulations on December 13 was held, the South Korean government has focused on regulating the local cryptocurrency market and tightening policies for exchanges.
https://coinjournal.net/south-korean-cryptocurrency-mania-exchanges-adding-employees-banks/
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