In South Korea they have said: “enough with so many tricks and fair memecoins.”

The new boss, a certain Lee Jae-myung, has stated that he is going to bring cryptocurrencies under control: legal ETFs, pensions that can invest in Bitcoin, and they even want to launch a stablecoin backed by the won, which is their currency.

They are setting it up well, with clear rules, and no one will be able to come along with a token made in a barn to sell smoke.

Just like in the countryside: if you want to sell cheese at the fair, let it be real goat cheese, not powdered.

So be careful, the Asian corral is getting organized. And when the Asian corral gets organized... the other henhouses tremble!

#SouthKoreaCryptoPolicy