Topic: Bitcoin ban in South Korea - page 2. (Read 1674 times)
South Korea has not banned bitcoin the release I read is about the banning of ICOs and the regulation of exchange sites other than that, nothing else is in the pipeline. Howe'er, only a super power like China in bitcoin should talk about banning bitcoin and we should be worried. By getting worried of South Korea notification will start giving the authorities over there that they also have some level of control over the .market in which they could equally exploit.
I have recently heard that after China Now South Korea Ban Bitcoin too...is that truth???
If banned then What's the future of BTC now?
It's not bitcoin that is going to ban, it is ICO's. In case South Korea and China would ban bitcoin, it will still grow. There would be a deep in price but it will grow again. If banned then What's the future of BTC now?
Easy, dude? South Korea recently banned ICOs but they never banned bitcoin.
I don't why some guys are always confuse the difference between bitcoin and ICO.
Next time whenever you heard something new about bitcoin related news use Google to confirm, please.
I don't why some guys are always confuse the difference between bitcoin and ICO.
Next time whenever you heard something new about bitcoin related news use Google to confirm, please.
the two countries look compact, initially china and now followed by korea. I became asked, is it possible that this is their strategy to drop the bitcoin value.!
Did they? I don't think so. No countries during these days banned bitcoin in their own country, only ICOS. They referred it as a scam act of many people. So they decided to ban it fully. Lucky for my country they did not ban any of these. Still, bitcoin is running, ICOS are still running. We can still invest in ICOS and that is the best part in living in a country like this.
BitCoin banned in South Korea?
Please give me a legitimate and trustworthy source
May mods in the forum administrators may be more rigorous in the registration information
All information influences the cryto currency market
Relax, it is not Bitcoin ban but ICO ban and that news is 3 days old. Bitcoin price did tumble that day but price is bullish since then and looks like market doesn't care much for ICO ban by South Korea. It is still an announcement though but sources are legitimate. Please give me a legitimate and trustworthy source
May mods in the forum administrators may be more rigorous in the registration information
All information influences the cryto currency market
South Korea won't be banning Bitcoin. They are just like Japan when it comes to adopting new technologies. ICOs lost faith among governments because of their spammy nature. Many countries will follow the same suit in future for safeguarding public interest.
not forbid bitcoin, but ICO. I think it's a bit common, I guess it's because of the same issue (the number of ICO projects scam). I do not really know the news yet, but I hope the bitcoin does not get much impact.
I have recently heard that after China Now South Korea Ban Bitcoin too...is that truth???
If banned then What's the future of BTC now?
If banned then What's the future of BTC now?
what happens to rumors of Chinese ban so impacts crypto and bitcoin, but what happens to korea, is not surprising. I think this will not happen any market is so stable and there is not anything strange.
I have recently heard that after China Now South Korea Ban Bitcoin too...is that truth???
If banned then What's the future of BTC now?
If banned then What's the future of BTC now?
I look forward to this moment. but there is nothing in the course of time, I have been monitoring and want to know what will happen. but apparently korea is not a real threat that adversely affects bitcoin development.
BitCoin banned in South Korea?
Please give me a legitimate and trustworthy source
May mods in the forum administrators may be more rigorous in the registration information
All information influences the cryto currency market
Please give me a legitimate and trustworthy source
May mods in the forum administrators may be more rigorous in the registration information
All information influences the cryto currency market
Maybe its not true.Bitcoin didn't ban in south korea .yes I'm reading news.
I have recently heard that after China Now South Korea Ban Bitcoin too...is that truth???
If banned then What's the future of BTC now?
If banned then What's the future of BTC now?
correct. but no significant impacts occur, I see the development of a conducive market and tend to be stable.
I do not get why they confuse ico with bitcoin. They are very different thing. And most icos are in etherium because of smart contract. Are they trying to spread FUD so that bitcoin price will drop again? I hope not and I hope newbies can spot this already.
Korea did the same as china does. They didn't banned bitcoins they decide to banned ICO. Everyone become mad after this news. But people are in china and south Korea still using bitcoins but the ico is down. We need to see things in a border way and think out of the box. Bitcoin will continue to live even after these bad news.
What does South Korea do, similar to what is done with China, Singapore and Indonesia. However my view is, They just forbid transactions. They think will disturb their economy and finance. But the transactions of fellow bitcoin users can still be done.
South Korea did not intend to prohibit bitcoin and other crypts, and it is unlikely to do so in the future. There it is forbidden to conduct ICO with a view to its further regulation. This information should not cause condemnation or panic, since ICO regulation must be carried out in order to avoid unjustified risks in its conduct and protect the rights of investors.
As ICOs increase in quantity and scale, they’ve attracted the attention of government regulators in various countries. This year alone, ICOs have raised nearly $2.3 billion in funds so far, according to Coindesk ICO tracker data. China banned ICOs earlier this month, saying that they disrupted the country’s financial order. The ban comes after South Korea noticed that “raising funds through ICOs seem to be on the rise globally” and domestically, the Financial Services Commission said in a statement after meeting with the national bank, tax, and finance officials, according to Reuters. After all, ICOs can range from serious attempts to build more digital currencies to more risky plans that resemble pyramid schemes, according to some financial experts’ analysis in the past. In addition to banning raising money through ICOs, Korean regulators may exact more measures to control cryptocurrencies after continuing to monitor the situation.
it is amazing how a news about South Korea banning ICO's gets translated in some peoples brains that they banned bitcoin. I guees these clears the fog why there are so many people getting scammed all over the crypto world...
After China, South Korea is next. Other countries will definitely follow up on the ruling of ICOs, as they somewhat got out of control, especially with the raise of Ethereum. I wonder, what Japan will do, especially after all the positive news about accepting BTC and initiating exchanges.
Japan will do nothing, I don't think the supposed ban will have any negative impact on Bitcoin as its price is gradually increasing every hour. If it has had any impact at all I guess we'd be feeling the ripple effects by now but the opposite is the case.
After China, South Korea is next. Other countries will definitely follow up on the ruling of ICOs, as they somewhat got out of control, especially with the raise of Ethereum. I wonder, what Japan will do, especially after all the positive news about accepting BTC and initiating exchanges.
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