The Presidential Committee of Korea Pushes to Make Cryptocurrency Mainstream – Dagoretti…

A committee of South Korea directly under the head of the state recommended various measures to the government that would ensure the mainstream of cryptocurrency, highlighting that it is no longer likely to halt crypto asset trade. The committee recommended assimilating crypto into the nation’s financial system, allowing monetary institutions to provide a range of crypto products. This would include derivatives, listing Bitcoin on the nation’s stock exchange, and more. 

The Committee of President Pushes for Measures of Pro-Crypto

The Presidential Committee of South Korea on the Fourth Industrial Revolution that is directly under the Head of The State proposed several pro-crypto actions to the government. The committee wishes the government to assimilate cryptocurrency into the nation’s monetary system. This would pave the way for financial institutions to handle directly and provide a wide variety of crypto-focused products. The suggestions outlined in a document recently…