Finally good news from Korea, no plans to ban crypto! - page 3.

popolite11

sr. member

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Quote from: Nebell on January 31, 2018, 05:52:26 AM

Quote

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

Actually it can affect the cryptomarket and the altcoins will start moving up. We are all sick and tired and watching their fall. My friend told me the other day he is depressed through the events of January. Hope for good anyhow.

pheonyx

newbie

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Government will never do that, in my opinion they just make a simple fake news to control cryptos in their hand, and they succeed because every participant in their place should register their name on which they can pay tax to the government.

Fredomago

legendary

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Leading Crypto Sports Betting & Casino Platform

Good to know that they will continue recognizing this currency instead of avoiding their people, we knew that a lots of supporters are also residing from s.korea and knowing that they are now back in the market would definitely make an impact, let see how the market will move after this news and after the people from this country will react and begin to invest more.

guneytasyurek

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Quote from: globalcitizen on January 31, 2018, 10:43:23 AM

This is a welcome development and a very pleasant news for the crypto community. I just hope that the news source should be authentic and not just another unconfirmed information. The market needs more good news to wake up and stabilize.

Is there any possibility that news could be fake or not authentic ? Routers wouldnt publish news if it is an assumption ?

X-ray

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Leading Crypto Sports Betting & Casino Platform

Quote from: Nebell on January 31, 2018, 05:52:26 AM

Quote

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

As far as I know about the uncertainty news of crypto in south korea is fake, but the fact south korea tried to develop a new system to give taxation to the crypto exchange site or even traders.
This time they are trying to consider about that. I've seen a lot of people discussed that.
But people were so easy to be panic.

globalcitizen

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Decentralized global citizen and crypto-preneur

This is a welcome development and a very pleasant news for the crypto community. I just hope that the news source should be authentic and not just another unconfirmed information. The market needs more good news to wake up and stabilize.

Denverk

newbie

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Korea knows future.Other countries should be followed Korea.This is a future... Grin

dale1075

member

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This is good news indeed. Korea is one of the early adopters of cryptocurrency and one of those countries that also utilize is the most in commerce and tradings. Im sure this will give a positive impact to the cryptocurrency industry.

vv181

legendary

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Quote from: ?? on ??

Quote from: Nebell on January 31, 2018, 05:52:26 AM

Quote

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

I thought that some more bad news will be published now so that the market fell even lower and whales could buy cheap coins.
Let's see maybe this news will bring the market out of the depression.Thanks for the news Wink

After all the time FUD's has been spread, finally, we hear a good news from a government agency. Other than Lightning Network, I'm sure there still a lot of negativity in the Bitcoin, we know that in the Tradingview the sell signal is strong, and I believe it will force the market more downward, but because we hear a good news, I hope the market will be turned upside.

mirte86

member

Activity: 100

Merit: 10

If this is correct then it is very good news because the price was dropping and now it will hopefully start to rise again..

Iyanu14

member

Activity: 795

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Personally i felt it was just a fud then they never intend banning it but to regulate it for safety of Koreans and sincerely many ico are without any concrete plan to develop the token after initial coin offering no further development.

bbjay

jr. member

Activity: 77

Merit: 1

This is really good news for the people of Korea, the bitcoiner and the entire world. This will boost crypto market and this development will help in improving price of cryptocurrency most especially bitcoin. More countries will continue to declear support for crypto world and that will create employment opportunities fro people in the whole world.

terzy

newbie

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This is of course very good news if post is true. Maybe we can finally see more periodical UPs in coinmarketcap. Looking forward to see it.

Carmen01

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Streamity Decentralized cryptocurrency exchange

Yes that's good news because banning bitcoin in different country have big impact in price,i think it can happen now because crypto is not good for their economy like in some country but if they know already what can brings to them i'm sure they will acknowledge digital currency but now always think how to get attention of different country so the price of digital currency go really high in the future and it's good to all users of it.

kingvirtus09

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OrangeFren.com

I'm confident enough that they will back on track and Their governments appreciated so much the sincerity of their citizen about investing cryptocurrencies and ofcourse bitcoin will be back in action once the S.Korean Government will be giving tax to their citizens.

MGmahesh

newbie

Activity: 98

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Quote from: Nebell on January 31, 2018, 05:52:26 AM

Quote

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

news from south korea is a positive thing for bitcoin, altcoin and other virtual currencies, as a form of support as well as opposition to countries that ban bitcoin in general, it can strengthen and motivate bitcoin users to be unaffected and not worried on the spread of negative news, it shows that the virtue currency can really be a reference for the world community in general and investors for the convenience, convenience and security of transactions. forward cryptocurrency

dincer125

member

Activity: 110

Merit: 11

Good news... Korea is a big market for cypto world.

There are more than 2 million traders and bitcoin is the third biggest currency nowadays in Korea after USD and YEN.
https://www.forbes.com/sites/elaineramirez/2017/12/19/5-times-cryptocurrencies-rocked-south-korea-in-2017/#41fdce4f591e

Most of the telegram groups have also Korean channels which are used frequently and which proofs that the interest for ICOs is really high by Korean friends.

There are also nice projects with Korea origin. As far as remember ICON is created by Koreans which is a really promising project.

RonJohannson

newbie

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This is definitely good news, it's amazing how much crypto is held in Korea, just wait until the US catches up! Grin

cryptodagger

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Stable coin to make charity free for everyone

Quote from: Nebell on January 31, 2018, 05:52:26 AM

Quote

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

This is a very good news to all the cryptocurrency universe,might caused the market to recover fast and to get back on track with this news.I hope south korea would allow their citizens to trade and mine freely with some small tax,that will change everything legalization and fully supported by the government.China on the other hand wont allot its citizens to get involved with cryptocurrencies because they are a communist country.

AimHigh

full member

Activity: 554

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Quote from: Nebell on January 31, 2018, 05:52:26 AM

Quote

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

That was good news that south korea was also adapting or accepting bitcoin in their country so it means we assure that have a additional investor here in bitcoin. We know that soon or soonest every country who banned bitcoin was one by one legalizing bitcoinecause of the influences of the other country that bitcoin have a big help to the people of their country so that south korea accept bitcoin in their country.

Topic: Finally good news from Korea, no plans to ban crypto! - page 3. (Read 669 times)