Good news .... Good news. ..
first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks.
the financial authorities of South Korea have finalized their plans to categorize crypto exchanges as an industry called “Cryptocurrency Exchange and Brokerage” to enable trading platforms to perform at a large capacity with support from local authorities.
By this step of govt of South Korea , help to bust-up cryptomarket and their economy .
Because more people will trust on crypto exchange and generate new employment and can increase GDP of South Korea .
By this froud case also decrease in South Korea , it impact on all crypto market because a big % hold by south Korea 's people .
What do you think about this step ??
If you think it's nagetive or positive effect, than drop your view in comment ...
For detail news - www.CNN.com
Image source - Shutterstock
Thank you
@bitcaoinsolution
(Awadhesh kr )