Cryptocurrencies have been threatened at one level or one other by practically each nation on the planet. Hardly ever does a authorities enterprise past rhetoric. These resorting to crackdowns are sometimes met with better public urge for food for decentralized digital cash, making all that preliminary fuss an train in futility. Be they communist strongholds or liberal democracies, bitcoin can’t be stopped.
Additionally learn: India’s Banks Block Crypto Accounts
Government Threats Met with Pushback
In response to a latest Republic of Korea (ROK) bureaucrat’s assertion, inflicting mainstream media to roar about a “ban” on bitcoin, the South Korean avenue riled to digital barricades. Residents flooded petition signatures to the President. Social media contained oceans of indignant feedback demanding the offending minister’s sacking. The stress grew so intense, businesses inside the identical authorities started contradicting each other, ending with an official…