seems like many people still do not understand about it at all.
well for you guys try to learn it a little bit before talking about it in here :
https://en.wikipedia.org/wiki/Derivativeit is not really hard to understand to be honest,should be right ?
for now korean decision will not affect us too much because our current concern should be CME that will be list it in the future.
but of course with this news we could see the dump that happened a day ago and today,
many people thought it's exactly same like Bitcoin itself while bitcoin derivatives and bitcoin itself are completely different.
what i mean is we need to buy it directly instead buying a 'something' that basically has zero value in my opinion.
cryptocurreny is not a normal asset like others,well even though it's a bit same actually it has a differences compared to others.
lastly it has nothing to do with chinese,
because chinese completely banning Bitcoin,Bitcoin derivatives and everything aka banning cryptocurrency while korean bans Bitcoin derivatives.