The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."
Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
If you can think and see about it bitcoin as a whole has been on a much more encouraging level in the Asian regions far kore than the west. Woth this countries such as Japan and now South Korea has really been taking an encouraged step towards i troducing blockchain and the whole of the cryptocurrency onward to integrating it to their country. With that I can really hope that regions and countries succh as this be the standard for the world in the next fee years