This is big news since so much crypto action happens in South Korea! Maybe this will start the upward climb back up.
South Korea has no plans to ban cryptocurrency trading, according to government authorities. The announcement follows reports earlier this month that the country was considering shutting down trading because of tax evasion, which led to massive disruption on trading platforms around the world.
Source: https://www.engadget.com/2018/01/31/south-korea-will-regulate-not-ban-cryptocurrency-trading/
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Good news!