South Korea has “no intention” to ban or restrict cryptocurrency markets, its finance minister Kim Dong-yeon has said.
South Korea Finance Minister Kim Dong-yeon has reaffirmed that the government will not ban or otherwise “suppress” cryptocurrency in the country, according to a statement reported by Reuters today, Jan. 31.

In the latest update to the country’s ongoing regulatory overhaul of cryptocurrency exchange, Kim firmly distanced Seoul from previous comments about a potential outright ban, which had caused public outrage earlier this month.

“There is no intention to ban or

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