South Korean Regulators Inch Closer to Legalizing Bitcoin

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TheMerkle South Korea Bitcoin RegulationThe cryptocurrency situation in South Korea is constantly evolving. For the longest time, people have awaited official regulatory guidelines. They are slowly coming to fruition, which would label virtual currencies as “liquid assets”. It’s an interesting development that will bring some positive momentum to cryptocurrencies. Bitcoin could Become a Liquid Asset in South Korea No one will deny South Korea has become one of the more important cryptocurrency markets as of right now. Ever since China decided to virtually ban all CNY-based trading, South Korea and Japan have been trying to take its place. So far, South Korean exchanges have outpaced those of Japan in

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