From CNBC
A petition in South Korea against cryptocurrency regulation has reached the number of signatures that would induce a government response.Read more: https://www.cnbc.com/2018/01/16/over-200000-sign-petition-in-south-korea-to-stop-bitcoin-regulation.htmlAs of Tuesday morning, ET, more than 212,700 had signed a petition launched Dec. 28 on the website of the South Korean presidential office. A Google translation of the website states that if more than 200,000 people support a petition within 30 days, officials will respond.
"Our people have been able to make a happy dream that they have never had in Korea because of virtual money," the anonymous author of the petition wrote, according to a Google translation. "People are not stupid. ... virtual money is invested because it is judged to be the fourth revolution."
The petition did support South Korea's recent actions on cryptocurrencies, such as banning anonymous trading accounts.
I feel so powerless in this constantly changing sea of crypto and reliant on foreign nations that I know little about. Will the Korean government respond to the wishes of it's people. Can crypto currency users keep these exchanges open? I have no fucking clue.
Even if they do crackdown crypto can still be worth vastly more in the future but it just might make the road there a little bumpier. HODL strong people! Don't give in to those week hands.
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