The South Korean Finance Minister announced yesterday that they would be drafting a bill to ban cryptocurrency trading in the region.
Today, the public has responded:
(Source:
)https://twitter.com/iamjosephyoung/status/951710054868135936
- iamjosephyoung
Over 100k signatures have been filed to reject the trading ban proposal and another 30k signatures have filed for the removal of the two ministers from their positions.
Ouch!
I would imgaine that they didn't think drafting such a bill could potentially cost them their jobs!
Oh and by the way, shortly after the news broke about South Korea potentially banning cryptocurreny trading, this was released:
(Source:
)https://twitter.com/iamjosephyoung/status/951428854085689344
- iamjosephyoung
Isn't that nice.
To recap:
There is likely no trading ban in South Korea in the short term.
AND...
The earlier announcement might conceivably cost some officials their jobs.
Stay informed my friends.
