Express
Critics Claiming that Over-Regulation May Scupper South Korea’s Fledgling Crypto Sector
Summary: Critics have accused Seoul of “over-regulation,” claiming that a new South Korean crypto law which will promulgate in a matter of weeks could marginalize the industry. According to a report from EBN, voices of concern are growing louder within the crypto sector, with some experts claiming that the cost of compliance will freeze out startups, ...
Critics have accused Seoul of “over-regulation,” claiming that a new South Korean crypto law which will promulgate in a matter of weeks could marginalize the industry. According to a report from EBN, voices of concern are growing louder within the crypto sector, with some experts claiming that the cost of compliance will freeze out startups, and provide no room for conventional financial institutions to enter the space.
By Amy Liu
Tags: Crypto,Regulation,South Korea
Link: Critics Claiming that Over-Regulation May Scupper South Korea’s Fledgling Crypto Sector [Copy]
