I came across this article this morning and thought I'd share my thoughts and what this could possibly mean for crypto. South Korea has a few of the larger exchanges in the world so if the Korean government banned crypto you would think a lot of people would have their assets seized.
I know there will always be a way around bans on crypto such as using a VPN to mask your IP address to seem like it's coming from another country where crypto isn't banned. It will however discourage a lot of people from jumping on board. Which will affect the market cap long term or until the countries find a way to regulate crypto's and exploit them to make money from people using them.
Have a read over the article and drop a comment to keep to conversation going.