The South Korean government has announced that six major banks will be ready to provide services to cryptocurrency exchanges this month
Per the Bitcoin.com article below,
Six commercial banks that have supported virtual currency transactions will establish a deposit and withdrawal system to convert [to] the virtual money real-name system and provide full-fledged services from the 30th.
Hopefully people start to realize that hen they hear news about countries "banning" cryptocurrency, it's really just governments learning how to properly oversee the market. I truly believe that, in the end, regulation is a net positive for crypto.
What are your thoughts?
Read the full article here: https://news.bitcoin.com/korean-crypto-exchanges-share-data-with-banks-new-account-system/
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We are banning Cryptocurrency !!!!!
Wait... What? Our peoples wealth is going down the drain?!!!
UHH... Just Kidding... We really didn't mean that we wanted to ban cryptocurrency....
Hahaha exactly
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