I think South Korea are clever. The people are onto this new technology and they're onto the Government too. Putting some basic taxes on exchanges is not a big deal, it's smart and if they can get fair regulations around Crypto up faster than others they could well come out on top.

India I am not so optimistic about - lots of corruption there IMHO and as we have seen from their crackdown on cash, they are going in the direction of oppression rather than liberation.