The recent response by the government to the country's cryptocurrency craze.... came as
a bit of a shock.
But we finally had some confirmation on Monday..... that any drastic move like banning exchanges.....
will only be decided after thorough discussions on the matter..... as the technology involved....
could be a driver of economic grwoth in the future.
Our Lee Ji-won reports.
The Korean government's announcement Monday wasn't the blow many crypto traders had feared
-- a ban on virtual currency exchanges -- rather, officials said there hasn't been a decision
yet.
(Korean) "Any plan to shut down the exchanges,... which
is one possible way to curb speculation as suggested by the justice minister last month,...
will be decided after thorough discussions and coordination in the government."
The government also said that it'll continue to push forward with a plan to require investors'
real names in cryptocurrency trading, and that price manipulation and other crimes will
be punished severely.
But the government also showed a change in tone, saying it will invest in research and
development of blockchain technology, the computer code that makes cryptocurrency unique.
This follows a number of announcements by the government in the past month amid cryptocurrency's
exponential rise.
Korea is now the third-largest bitcoin trading market in the world after Japan and the U.S..
And experts say there are reasons for the government's concerns.
(Korean- ) "Koreans are investing in the virtual currency
for the wrong reasons.
They don't see it as a new form of currency that could make up for the shortcomings of
the ones we have now,... but as a way to earn huge sums of money in a short amount of time.
And with the current security level of the exchanges and the development of blockchain
system,... it's a very risky investment to make."
Despite the huge potential blockchain technology could have in the future, the expert said
it's still in the development stages,... and that the relatively weak security of the crypto
exchanges compared to banks make them more prone to cyberattacks.
(Korean- ) "The government is doing a good job in warning
the public of a possible fall in the market.
And having seen a lot of potential in the technology, the government should step up
investments in blockchain technology and nurture companies to overcome the current shortcomings."
The expert added it's also vital for the public to see virtual currency not as a speculative
tool but as a potential currency for the future.
Lee Ji-won, Arirang News.
For more infomation >> 049 過去に未練 タイムマシンを作る デロリアン デアゴスティーニ BTTF Eaglemoss イーグルモス フロアパネルにコードを設置する - Duration: 8:01. 
For more infomation >> Смешные анекдоты про евреев! Анекдот про Рабиновича! - Duration: 0:32. 
For more infomation >> A Fina Arte de Influenciar Pessoas e Viver em Paz - Duration: 11:54. 
For more infomation >> Dakar Rally 2018 Stage 8 - Duration: 1:22.
For more infomation >> 'Teammates' with Saracens - Duration: 5:53. 
For more infomation >> ZAFAR SUPARI chief guest opening pechan mall islamabad - Duration: 13:21.
For more infomation >> 認知症で猫を飼えなくなった母に息子が贈ったものとは?【感動する話】 - Duration: 2:37. 
For more infomation >> 2018 Detroit Auto Show: Ford Ranger pickup truck unveiled - Duration: 1:53. 

For more infomation >> 올해 초등학생이 되는 8살 나린이! 설레는 예비소집일 일상 밀착중계 vlogㅣ토깽이네상상놀이터RabbitPlay - Duration: 11:06. 

Không có nhận xét nào:
Đăng nhận xét