Bitcoin Magazine's Bitcoin In Asia: The Developing Environment For Bitcoin Businesses In South Korea

In this episode of Bitcoin Magazine's Bitcoin In Asia, host John Riggins is joined by Dr. Youree Lee, the chief business officer of Peertec, co-founder of W-Foundation and professor at Hanyang University, who is based out of Seoul.

Peertec is a part of Peer.com, a corporate group which includes the exchange GDAC, the Korean media project BlockInPress and the Deconomy Conference, among other entities.

Dr. Lee discusses regulatory developments in Korea occurring over the last year, including Korea’s new tax plan regarding cryptocurrency and additional guidance for licensed exchanges. She gave additional context for the exchange landscape and the nuances of operating as a fiat on/off ramp into bitcoin. She also discussed how the bear market has been in Korea and signs and trends that she is seeing as we enter a new phase.

Follow Dr. Lee on Twitter @ylee727.