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According to local sources, the existing cryptocurrency ban in South Korea will the make the Busan blockchain regulation-free zone ‘ineffective’. The South Korean Ministry of SMEs and Startups in 2018 designated 1 trillion KRW for growing their blockchain technology industry as part of a “Growth Through Innovation” plan. But the place is running dry of companies since they cannot launch private assets atop the ledgers they are creating. Those assets are what the world otherwiseRead MoreThe post South Korea’s Ban on Crypto Will Choke The Special Blockchain Zone appeared first on Bitcoinist.com.