Korea bitcoin news

Kim Dong-yeon, deputy prime minister for economic affairs and finance and minister of planning and finance, made a remark on July 1 to suggest that the virtual currency exchange should not be scrapped.

Kim, who is in China for an economic ministers ' meeting on July 2, has a meeting with Korean correspondents in Beijing on the same day, saying, " If you are asked, ' Let's not hear that you have to regulate virtual money and build a block chain of block. ' It is interpreted that virtual currency is needed to grow block chains. Kim said, " I have said it simply. "

However, some point out that it is said that it is hard to close the virtual currency exchange to foster the block chain by giving positive reviews to the block chain. " The block chain is one of the core infrastructure technologies of the fourth industrial revolution to be interested in, and it really has the potential to help us, " said Kim, " but it is clear that the world's technology is still capable of changing into the book chain, and that it is still more secure to trade. "

Kim said, " Since Professor David Yermack of New York University, who first created the curriculum for block chains, decentralized management of data records, government officials and bankers are not required to attend the event in 10 years. " Kim stressed, " We want our children to become public servants or bankers with a social security system, but we need to break that perception. " " The government is also paying attention to the technology of the block chain, " he said.

Earlier, January 31, the Assembly Strategy and Finance Committee 'exchange option is still closed, the closure of the measures, including thinking?' Kim was present at the right party.Rep. Yoo Seung-min the question asked by the Verbal or diversion of foreign currency transactions in the "We can't cut out" side, " If you really the problem very seriously because of these things.I think, said.

" I don't think about getting rid of or cracking down on virtual money, " Kim said at the time, " but I would raise it reasonably because block chain technology is an important technology base of the fourth industrial revolution, and I would raise it when I need it. "

Kim is said to have had lunch with the bank's president, Zhou Xiaochuan, before the meeting of the economy-ministerial ministers on July 2, and to exchange opinions on virtual currency policies. Chinese authorities closed down its virtual currency market (ICO) in September last year, and recently warned of the risks of selling virtual currency abroad by Chinese people in the aftermath of its efforts to get rid of virtual currency mining companies. However, the People`s Bank of Korea has made it clear that it is studying ways to issue virtual money itself and is nurturing it for block chains.

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