IBS Intelligence
The head of South Korea’s central bank stated at a parliamentary audit that Bitcoin will not be regulated as a currency, but as a commodity.
During the National Assembly audit of the Bank of Korea (BOK), governor Lee Joo-yeol said: “it is difficult to look at [virtual currencies] as money by [definition] of Bank of International Settlements (BIS),” according to Yonhap News.
https://ibsintelligence.com/bitcoin-regulated-commodity-south-korea/