South Korea has been a very important market for Bitcoin over the past year in terms of adoption, transaction volumes, and regulatory requirements. Unfortunately, one of the most important figures of the government associated with the regulation of the digital currency has died. Stress is one of the causes of this death.
Source : Pixabay. An official in charge of regulating crypto-currencies has just passed in South Korea.
Who is the regulator of south korea ?
Jung Ki-Joon, chief of the bureau of coordination of the economic policy of the south Korean government, has been found dead in his apartment in Seoul on Sunday morning. According to reports revealed by the local authorities, it is probably passed away Saturday evening before his body was found by his family in the morning. The death of the senior official is considered a suspicious death, because the man was only 52 years old and was not suffering from life-threatening diseases.
Check out below a video in English telling of this sad news :
The police forces of the south Korean reportedly started an investigation, but the exact cause of his death could not be confirmed as the authorities have not received the report of the coroner’s office.
Stress is one of the causes of his death
South Korea is a country where digital currencies are very popular. The government has put in place various devices to protect citizens from risks related to the ecosystem of crypto-currencies. For a long time, the country and its efforts to regulate have been the subject of numerous discussions within the community of crypto-currencies. In addition, the country is considered as one of the main factors in the evolution of the price of Bitcoin.
At the end of November last year, the south Korean government has decided to meet to discuss measures to be taken to regulate the market of virtual currency. Jung Ki-Jong has been in charge of coordinating the actions of different departments and offices concerned. According to local media, the deceased had been the victim of a heart attack in his sleep. Colleges would have also said that it was facing a lot of stress since he has been delegated to this position.
Source : NewsBitcoin