Bitcoin made in Korea. South Korea is a very point country of digital technologies and blockchain, but it is not necessarily very favorable for cryptocurrencies. The regulations are strict And the authorities even recently asked exchange platforms to freeze the accounts of several political personalities accused of corruption. In this context, we will learn today that some players in this industry would like to see how the country is gaining a national reserve in bitcoins and Stablecoin supported by Korean wins to make the United States and Donald Trump. The direction of Seoul to inventory.
- South Korea plans to create a bitcoin national reserve so that the United States is not distanced.
- The idea of Stablecoin supported by Korean wine was discussed to maintain the country’s monetary sovereignty.
South Korea would like to respond to Donald Trump’s initiative
During the forum arranged last Wednesday in the National Assembly, the main opposition party, the Democratic Party, was a question cryptocurrencies and in particular Bitcoin. Discussions that have received local press focused on answers that South Korea could give a decision Donald Trump create National reserve and develop digital assets.
President American indeed signed a regulation in this sense, and this is worried about some players in this industry who fear that the country will take too much delay Compared to an American ally. This is especially the case Kim Jong-SeungBlockchain CEO Xcryptonwho said that “South Korea should respond with clear policy”.
Stablecoin supported by Korean wine is also assumed
In addition to Bitcoins, the OA was also spoken stable Supported by Korean winning. In fact, according to Kim Jong-Seung, without a home alternative, South Korea risks loss of her “Cash sovereignty” If stablecoins supported by the dollar dominate the digital economy. “We have to develop a model connecting dollars Stablecoins and stables in Won for commercial transactions”said.
Representative Kim min-seokwho manages the Committee on the Preparation of the Policy of the Democratic Party, said his party would transform the regulations to cryptocurrencies in South Korea if he returned urine. The country could also organize elections in May if the release of President Yoon Suk Yeol is confirmed after the events of last December.
While the trade war initiated by Donald Trump was raging, South Korea, who is the historical partner of the United States, could find herself in a delicate situation. On the one hand, he must support his ally, but on the other hand he must also think of his own economic and financial interests. And can go through it Creating a national bitcoin reserveOr even Stablecoin supported by Korean winning.