South Korea Govt Eyes its Own ‘BitLicense’ for Cryptocurrency Exchanges

By Lester Coleman

The post South Korea Govt Eyes its Own ‘BitLicense’ for Cryptocurrency Exchanges appeared first on CCN

South Korea’s government is considering a cryptocurrency exchange approval system similar to the state regulations in New York State, signaling a new position over regulations on digital currency exchanges from shutting them down to safely manage them. A decision is not expected until after June’s local elections. An official from a virtual currency task force

The post South Korea Govt Eyes its Own ‘BitLicense’ for Cryptocurrency Exchanges appeared first on CCN

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Source: www.cryptocoinsnews.com