Gov't urged to share 'balanced' cryptocurrency policy
Posted : 2021-05-06 16:39
By Lee Min-hyung
Some government officials are issuing a series of warnings against what they call cryptocurrency "speculation" to quell an escalating virtual currency frenzy here.
But the "anti-crypto" approach keeps adding to the volatility of the market, driving more and more young people to get addicted to cryptocurrency investments under the strong belief that this is the only way for them to get rich quick. They believe it will be too late for them to do so if the financial overseers take concrete actions to regulate virtual asset transactions.