Korea is Pushing Positive Crypto Legislation: What Happens After it’s Passed?


The government of South Korea is hurrying the finalization of the country’s first crypto and blockchain legislation, to recognize the cryptocurrency and blockchain sector as legitimate industries.

What it Means For Crypto

As CCN reported, local financial authorities initially disclosed their intent to regulate the cryptocurrency market with stricter but more comprehensive regulatory frameworks to protect investors and facilitate the growth of startups in the blockchain industry.

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Bitcoin Builds on Recent Gains, Pushing $7,750 While Major Altcoins See Losses

July 23: Following a major upswing that kicked off on July 16, Bitcoin (BTC)’s price performance has diverged from other top cryptocurrencies. As Coin360 data shows, the top coin continues to build on its recent gains, while most major alts are struggling to maintain positive momentum.

Market visualization from Coin360

Bitcoin (BTC) is trading around $7,740,

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