Analysis: South Korea's cryptocurrency ban will weaken "special blockchain"

Due to Korea's existing strict cryptocurrency and ICO regulations, the country's existing cryptocurrency ban will “invalidate” the newly announced unsupervised area of ​​the Busan blockchain. According to the Korea IT Times, the screening of a blockchain startup called OkayCoin Core was rejected due to regulatory restrictions. The Busan City Government attaches great importance to the blockchain SAR and confirms that OkayCoin is their project, which may begin at the end of this year.