The Federation of Blockchain Enterprises of South Korea has called on the government to immediately abandon its harsh and inconsiderate decisions. Stating that the decisions taken or to be taken regarding cryptocurrenciess and ICOs in the country have never been in favor of investors and users, the executives of the South Korean Blockchain Entrepreneurship Federation said that this situation would lead to staying away from the developing technologies in the country and to the other side of the country regarding cryptocurrencies.
The administrators, who suggested that the country prepare new laws so that cryptocurrencies can be used more widely and more freely, said that the politicians should take steps and decide quickly, otherwise, the time will be spent on cryptocurrencies and South Korea. announced that it might be too late to do so.
They emulate the USA
While the whole world emulates the USA, which is shown as the freest country in the world regarding cryptocurrencies, South Korean citizens are also in the USA. He thinks that the absence of laws as they are would be much better than the current situation, and that some investors are living in the country. Due to the current cryptocurrency laws, even attempts to leave the country have been reflected on social media.