South Korea taking steps to ban Bitcoin. The news shining a light on regulation of cryptocurrency, and ways government can and would step in. InfoTech's President and CEO Matti Kon explains the need for regulation for potential dangers in this space.
Kon explains that governments cracking down on the crypto space is not a new thing. What is different in this case is the amount of power and weight South Korea holds in the field. The obsession with cryptocurrency has hit strikingly high numbers. This meant the crypto industry took a hit after the South Korea news.
South Korea also has a high unemployment rate. For some in the country, the obsession spilled into an opportunity to bring in revenue.
On the negative side of crypto trading, Kon explains that cryptocurrencies do have ties to the dark web and dark activity. Cryptocurrency is helping to fund crime around the world.
With the launch of Dolby Vision 2, Peacock is first to market - and live sports will never look the same. Your living room is about to feel more like a stadium.
Today's AI knows where you live, everything you said, and how your kids learn - and you may want it to. We go hands on with the smartest apps making life easier
From flush to brush, AI is taking over our bathroom. Discover how this latest smart tech is both revolutionizing our daily routines and improving our health
