A few hours ago the Korean Ministry of Justice stated that they are geared towards the ban of crypto exchanges in Korea. However Korean citizens fought against the decision and signed petitions nearly reaching 27000 just this morning. Now the Korean White house made a statement that the closing down "idea" came from the Ministry of Justice but other governmental institutions such as the Ministry of Science are actually positive towards the crypto market.
Seems like the sudden downfall in exchanges and people cashing out and disrupting the market are significantly affecting the Korean economy already leading to the Korean white house to calm the citizens down.
What an interesting turn of events!
