Topic: GOOD NEWS!!! South Korea on BITCOIN - page 11. (Read 3182 times)
Really? I think that this is great news but I don't think that it is possible to benefit much from this. to my mind, it is great news because it means that more and more governments accept btc
Congrats to South Korea and all of us here!! Way to go, guys!! I'll pray for you! 
Actions thus far indicate an interest in encouraging blockchain technology and the growth of crypto, but not at the expense of safety and security. This is a sign that cryptocurrency is a very potential market and it will grow strongly in the future.
The South Korea country is now also engaging in the Bitcoin community. That's why bitcoin grow day by day and its a great news in the market, i look forward from it. This is great news to see!
Yes, and hoping more big investors will invest from south korea, if more whales will come then there will be assurance of increasing again on bitcoin's price in the coming months.
The South Korea country is now also engaging in the Bitcoin community. That's why bitcoin grow day by day and its a great news in the market, i look forward from it. This is great news to see!
This IS a real exciting news. It made my day. The more positive global steps there are towards the crypto, the more progress we should expect. Thanks for sharing!
The South Korea taking their move on regulating Bitcoin.
The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."
Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
Two days before I also heard the news that Brazil 🇧🇷 is in bitcoin and then the South Korea and it is very good to listen this news that now more and more countries are now getting into bitcoin and these are the countries who has understood well the real potential of bitcoin and knows the real fate of bitcoin and we all know that bitcoin is a sustainable crypto currency and it has even proved its existence so I think the time will come when all the countries will accept and legalise the bitcoin globally. The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."
Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
South Korea really great at technology , they will lead this revolution for sure. In 2019 or 2020 we will see huge prices in bitcoin i think.
Good news about bitcoin always clears some level of thoughts in the minds of confused crypto investors and the general public. This news will help bitcoin and cryptocurrency take a different turn in the world financial system.
The South Korea taking their move on regulating Bitcoin.
The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."
Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."
Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
The recent fluctuation on Bitcoin price was due to the statement that continued the positive approach to the cryptocurrency industry by South Korea.
The reason behind the adoption of Bitcoin in South Korea is for the popularity of cryptocurrencies is prevailing economic conditions in the country. The South Korean economy suffers from a youth unemployment.
Very interesting to hear when government are accepting blockchain technology and its use in their countries. This will indeed help to broaden the way people perceive bitcoin as a cryptocurrency. I totally agree that crypto should be quite regulated in some way and this is what the government is up to.
The South Korea taking their move on regulating Bitcoin.
The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."
Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:
"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."
Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/
a good step-up for the south korea government. this will make it easier for South Korean people to exchange with crypto. hopefully other countries can follow the attitude and action of the south korea country.
That is really good news, blockchain technology is really taking over the world as more countries will soon appreciate the good news.
If governments start with the regulations, I think it'll help crypto to be in good shape as people's attention to crypto will increase and also they won't be afraid to be in it.
I guess, acceptance of cryptocurrencies by an influential player, which South Korea seems to be, is a huge step towards the global financial freedom. Way to go!
Nations that want to ban bitcoins to their citizens apply a monetary tyranny push and deny the nation itself of being able to develop in keeping with the times.
very good if south korea joins the crypto currency, the investors will increase from korea country. this will be very good news that bitcoin prices will rise again as more countries receive bitcoin.
honestly I am happy to read and follow this news. south korea understand the potential of cryptocurrency and blockchain technology in the future. hopefully can follow other countries in asia. need to be in appreciation. thanks .
I don't think that any government can successfully eradicate crytpos from their financial system. We all are witnessing a gradual shift to cryptos primarily as an investment medium as for now. Millennial constitute the major group who are enthusiastically investing in cryptos. Thus, it isn't ideal to ban crytpos. It is best for the government and the citizens to regulate crytpos to control the possible scams as well as government can tax earnings too. Therefore, step by the South Korea government is a necessary and a welcome step.
It's really great and big news for us. The countries of the world are slowly accepting Bitcoin and are taking it as part of their economic activity. For example, it was reported a few days ago that BMW was accepting Bitcoin's payment, which is definitely a big news. Maybe in the future we will see that the government activity is going on between two countries, that is, one country is giving another country some Bitcoin as a loan payment.
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