South Korea May Weaken Its Cryptocurrency Regulation Soon

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TheMerkle South Korea Bitcoin RegulationSouth Korea is a very important country when it comes to cryptocurrency. With local trading platforms generating a lot of volume for most top currencies, the regulatory aspect is taking center stage. Although the initial guidelines were a bit harsh, it seems a more lenient approach will be embraced soon. Easing Crypto Regulation in South Korea According to local news sources, South Korea’s Financial Supervisory Service Governor Yoon Suk-heun is looking to ease cryptocurrency regulation. This news comes at a rather interesting time for the industry. With prices having risen in recent weeks, one would have expected a much tougher crackdown on Bitcoin and altcoins.

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