South Korea and The Cryptocurrencies

The cryptocurrencies throughout its creation have brought with it the world economic evolution, this has benefited many people and countries, cryptocurrencies can achieve the solution of different problems in the economy of different countries and individuals around the world, it could also become in the main form of payment in the world because it would be an international currency, a currency without borders, which is accepted in different businesses, or different companies throughout the world in general, this would undoubtedly become an evolution not only economic and social , but also an evolution in international trade since people instead of using money in "cash" would use an application that would be linked to their virtual portfolio, from there they could make the various expenses they require throughout their day, how pay in a restaurant, payment of basic services, buy the different foods or products that will be consumed in your home, comp re plane tickets, among many other things, this would be a great achievement for the cryptocurrency and for all international trade

However, in many countries, cryptocurrencies have been banned or, as in the case of South Korea, they have not been allowed anonymity, as this lends itself to money laundering, which was implemented in South Korea. No user with an account with false names or a bank address other than the owner of the wallet's virtual account will be completely voided, that is, they will not be able to withdraw their money from their virtual wallet, which will cause banks to do so. . The country has information about the income of its users, avoiding money laundering.
And not only South Korea has implemented a way to get rid of the anonymity of cryptocurrencies, there are countries that have banned it completely like Bolivia, Ecuador, Russia, Iceland, India, Thailand for fear of affecting its economy and entering a crisis economy , in these countries their governments have declared that their commercialization is prohibited and in some of these countries is penalized by the law up to 12 years in prison as is the case of Bangladesh. However, in many of these countries they are creating their own cryptocurrency for use in their country and, therefore, prohibit the use of Bitcoin and other cryptocurrencies.

And in other countries, its use or commercialization has been limited, as in the case of China and Sweden, although China believes that it is illegal collection operations and announces that it wants to perform the extraction of illegal cryptocurrencies.
The cryptocurrencies in spite of the world-wide evolution that can obtain, due to the criptomonedas and fraudulent scams caused by the same, the people and governments of different countries have lost the confidence in this new type of world-wide economy causing the loss or delayed of the evolution world economy, but without a doubt, cryptocurrencies will be the future of the economy, maybe not today, or tomorrow, but in the not too distant future this dream of many will be fulfilled