Big news: South korea Recognises cryptocurrency !!

Hello dears!

As bitcoin cryptocurrency lovers this is the most encouraging news hear during recent times!!
For the first time in history, the government of South Korea is going to officially recognize crypto exchanges as regulated financial institutions and banks.
Local publications in South Korea have reported that 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.
Also the country’s National Assembly has presented a plan to allow for domestic ICOs’ which have been banned. Hong Eui-rak, a representative from the country’s ruling Democratic Party, said legislators are developing a law to remove the ban.
Already all markets reacted positively for this news. And lets hope crypto markets will reach high in this year 2018.