The central bank of South Korea announced on Monday that they would not consider Bitcoin a currency but rather as a commodity. According to Yonhap News, Lee Ju-yeol, the bank’s governor, refuted the notion that cryptocurrency should be considered legal tender. At a legislative session in Seoul, he said: Regulation (of virtual currencies) is appropriate because … Continue reading Central Bank of South Korea: Bitcoin Is a Commodity, Not a Currency
The post Central Bank of South Korea: Bitcoin Is a Commodity, Not a Currency appeared first on NEWSBTC.