Central Bank of South Korea: "the bitcoin is goods, but not currency"
The head of the central bank of South Korea has excluded classification of bitcoin as currencies, claiming that cryptocurrencies are a form of goods.
According to Seoul-Yonhap News, on Monday the head of Bank of Korea Li Ju-yol when he was asked whether it is possible to accept digital currencies as fiatny money, has completely rejected such idea. His statement is the latest official assessment of technology in South Korea after the ban on initial offers of coins released in September.
"Regulation [virtual currencies] is suitable as they are considered as goods, and aren't at the level of lawful currency" — Li has told during the audit inspection of bank by National assembly, legislature of the country.
"V nastoyashchee vremya Bank can't take such actions" — he has added.
That is remarkable, perhaps supports by all the authority legislative decisions on regulation of space, and his efforts in this area anyway have perceived results.
In August some legislators have supported toughening of the rules applied to the exchanges of cryptocurrencies in South Korea – because of growth of the trading volume since the beginning of this year. Last month the financial regulator of the country has also taken noticeable steps in fight against model of financing of ICO.
During the legislative session of Li also I recognized that the central bank could research more both digital currencies, and a blockchain in general.
"We also pay attention to many researches in the field of virtual currencies conducted in such countries as Sweden. The bank of Korea will also pay more attention to researches of virtual currencies" — he has told.
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