Crypto Ban will Affect Blockchain Development in South Korea

The cryptocurrency ban in South Korea will affect the blockchain regulation-free zone & make it to become ‘ineffective’ in Busan. Busan Metropolitan Government exerted, “Busan should review the proposals when the relevant ministries give opinions on the special district participation such as acceptance or conditional acceptance…the special regulation-free on cryptocurrency, the Ministry of SMEs and Startups cannot change it to acceptance.”

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