South Korea has been a number one marketplace for bitcoin over the past yr or so in phrases of adoption, buying and selling volumes, and regulatory response. Now one of many prime figures in the federal government related to regulating cryptocurrency has handed away, with stress suspected to be a contributing trigger.
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South Korean Cryptocurrency Regulator
The official’s demise is taken into account to be a stunning growth in Korea as the person was solely 52 years previous and wasn’t identified to be affected by any life-threatening diseases. Korean police forces have reportedly begun an investigation into the matter however the actual explanation for his demise can’t be confirmed till the police get a report from the coroner’s workplace.
Too Much Stress to Blame?
Back in late November of final yr, the South Korean authorities selected a daily assembly schedule of vice ministers, led by Hong Nam-ki, the minister of the Office for Government Policy Coordination, to debate how one can additional regulate cryptocurrency transactions. Jung Ki-joon was in cost of coordinating the opinions of the completely different ministries and places of work concerned to arrange for the weekly conferences of Hong and related vice ministers. The late official is presumed to have suffered a coronary heart assault in his sleep in line with native media, and his colleagues are quoted as saying he had been underneath “heavy stress” since taking cost of those efforts.
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