Will south Koreans attempt to shut down cryptocurrencies

Due to their decentralised nature, it is very difficult to outlaw crypto Currencies. The market grew six times when China attempted to shut down the local digital currency operation in 2017.
Beyond the economic implications , this has become a very emotionally charged political topic. One survey found that 35% of south Korean opposes government attempts to regulate the market. The results also showed that 62% of respondents have experiences. In trading virtual currency.

Moreover an anti-ban petition recently exceeded 200,000 signatures within the statutory time frame of one month , which is the number required to compel a response from presidential office. Officials are expected to address the issues within 30 days.