Bitcoin and Fiat Currency Can Coexist says South Korea Central Bank

South Korea has added their name to the growing list of Central Banks investigating digital currencies and the regulating thereof. Bitcoin is a digital currency that uses peer-to-peer technology to operate without central authority or banks. Regulation of Bitcoin companies in some countries has started and this is a very bullish sign for Bitcoin adoption and investment.

 

Some of the forerunners are:-

 

Japan – Japan’s Bitcoin Law Goes Into Effect

 

China – PBoC Official: China’s Bitcoin Exchanges Need Strict Supervision

 

India – Regulating Bitcoin in India

 

Malta – The Domino Effect of Bitcoin and Blockchain begins, roll on Malta!

 

and more good news – Bitcoin value rises over $1 billion as Japan, Russia move to legitimize cryptocurrency

 

Read the full article here – South Korea’s Central Bank Report Says ‘Bitcoin and Fiat Currency Can Coexist’

 

 

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