President of the Korea National Policy Committee calls on the government to relax blockchain control

According to the South Korean Herald, on April 5, at the Korea National Economic Decision Meeting, Min Byung-doo, a member of the Democratic Party of Korea and chairman of the National Policy Committee, said that the Korean government did have strict regulations on the cryptocurrency market. The South Korean government has previously said that it will lower regulatory barriers, but the cryptocurrency and blockchain are not here, which is very contradictory. It is time to revisit the previous rules and relax them as needed.