South Korea is considering licensing of crypto-exchange exchanges [↻50%]

The government claims that the adoption of such a system can turn the crypto currency trade into a more familiar institutional structure and will provide control of an extremely volatile market.

The new approach is very important for the formation of the South Korea's crypto-currency market, where prices for both bitcoins and other virtual currencies were significantly higher than in other markets.

This approach can be attributed to a positive one. In fact, regulation at the level of exchanges will be useful to users. After all, in case of theft or break-in, the exchange can not "evaporate". Well, at least means that the crypto-currencies will not be banned in the country and will remain within the legal framework.