According to BusinessKorea, The South Korean government is considering a licensing system for cryptocurrency exchanges that is similar to New York's BitLicense. South Korea says they will use New York’s BitLicense as a benchmark, and that a system like New York’s BitLicense is capable of merging cryptocurrency with the traditional banking and finance system.
South Korea Considers Licensing Bitcoin Exchanges

Yuri Molchan
The South Korean government is considering a licensing system for exchanges similar to New York's BitLicense. They will use New York’s BitLicense as a benchmark

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