> That was more South Korea’s own bad crypto policy’s fault
South Korean here, I wouldn’t say it was the government’s fault to enforce better security/crypto tech on the web when banking, right? To be strict, everything really started because of the US’s IMO useless export restrictions. Then it became a legacy that couldn’t be third of for ~20 yrs. I don’t think the policy was great, but it was reasonable at the time.
It was because the U.S. government placed export restrictions on Rijndael. I mean, the alternative might have been for them to just use Rijndael anyway, and that would probably have been better in the long run, but heh. Now that that stuff is out of the way, I honestly can't see why they don't (or didn't until recently?) allow Rijndael or ChaCha20.
South Korean here, I wouldn’t say it was the government’s fault to enforce better security/crypto tech on the web when banking, right? To be strict, everything really started because of the US’s IMO useless export restrictions. Then it became a legacy that couldn’t be third of for ~20 yrs. I don’t think the policy was great, but it was reasonable at the time.