Korean Blockchain Association Asks State for Crypto and Blockchain Adoption

Korean blockchain regulation

Last month, the Korea Blockchain Enterprise Promotion Association was established. While the association is still relatively new, it’s already making major moves. This week, the association called for not only Korean crypto regulation but Korean blockchain regulation as well.

Here’s what we know.

Korean Crypto Regulation and Korean Blockchain Regulation

On August 8th, the Korea Joongang Daily reported that the Korea Blockchain Enterprise Promotion Association called on the government on Tuesday, asking it to adopt crypto and blockchain.

Why? According to the report, the blockchain-based association has asked the government to regulate …

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