S. Korean FinMin: Shutting down crypto exchanges needs more consultations

Following the latest update on cryptocurrencies, the South Korean Finance Minister Kim Dong-yeon was on the wires, via Yonhap, citing:

"The issue of shutting down (cryptocurrency) exchanges, told by the justice minister yesterday, is a proposal by the justice ministry and it needs consultations among ministries."

“It would take months or even years for a bill to become a law.”

“Tens of thousands of people filed an online petition, asking the presidential office to stop the clampdown against cryptocurrency trading.”