spokesperson from the South Korean cryptocurrency task force stated that the country will follow the regulatory roadmap set by major regions like Japan and the US. Hence, it is highly unlikely that even in the long-term, a cryptocurrency trading ban will be imposed. The spokesperson said:
“The South Korean government has no other choice but to follow the regulatory frameworks and trends established by other leading governments. While there certainly exists a negative reputation attached to the cryptocurrencies, the government’s stance is to allow what has to be allowed, for the benefit of the South Korean market.”
news source : https://cointelegraph.com/news/official-no-cryptocurrency-trading-ban-in-south-korea-government-says