South Korea to Dispose of 216 Bitcoins in First Public Auction

South Korea to Dispose of 216 Bitcoins in First Public Auction

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Source:Source: news.bitcoin.com

The South Korean government will hold its first public auction of bitcoins that were seized from criminal proceeds, according to local publications. In doing so, the economic value of bitcoin will be recognized by the country for the first time.

Also read: Why South Korean Bitcoin Adoption Could Outpace Most Other Countries This Year

Korean Government’s First Public Bitcoin Auction

The Korea Asset Management Corporation (KAMCO) has decided to auction off

Read More https://news.bitcoin.com/south-korea-dispose-bitcoins-public-auction/

The post "South Korea to Dispose of 216 Bitcoins in First Public Auction" appeared first here news.bitcoin.com

Source: news.bitcoin.com

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