Is South Korea Going Anti-Crypto? Three Moves, One Week

Three policy developments from South Korea in a single week have fed a growing sense among industry participants that regulators are pulling back — even as the country’s landmark Digital Asset Basic Act inches toward passage. None of the three moves is, on its own, a prohibition. But taken together, they are being read by parts of the market as a pattern. Prosecutors Liquidate Recovered Bitcoin Rather Than Hold It The Gwangju District Prosecutors’ Office announced on March 10 that it had sold 320 source: https://beincrypto.com/is-south-korea-going-anti-crypto/