Topic: GOOD NEWS!!! South Korea on BITCOIN - page 14. (Read 3176 times)
Gradually we are getting there, the whole world will come to the terms that blockchain and bitcoin is the way forward. Blockchain is a movement it is an era an there is no stopping it, you can only but accept it.
The world is gradually accepting bitcoin and crypto. This is good news for the crypto market. I hope in the future many countries will follow Korea.
This is a good stepping stone for the better future of South Korea. I mean, bitcoin has a lot of usage and it is beneficial for easier payment methods.
n fact,I believe that it is better to regulate cryptocurrencies.After all, big smart money will not come here without regulation.Of course the course is now react not for the better to such news,but in the future I think everything will change
Regulations are always welcome. Every country has its own priorities and culture of doing business. Unless and until it hurts the decentralization model, regulations are must to keep investors protect program.
regulation would mean the free entry of large amounts of money from various funds. so this is good news
will see how it will influence on the market
lasts month even news like this didn't give a changes))
lasts month even news like this didn't give a changes))
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/
This kind of news will probably influenced many other countries. As we all know Korea is a country that is rising as of today. Korea has seen the huge potential of bitcoin that's why. This step will benefit both the users im Korea as well as the government of the said country. Hoping for other countries to accept bitcoin too.
The main focus of South Korea who regulates the utilize of crypto currency is blockchain. They want to implement blockcahin technology in each of their payment systems so as to create a transparent payment process. I think this is a good move for a country that is willing to risk taking and accept crypto currency. I hope another countries can adhere what South Korea do.
Bitcoin will also get good affect of this new regulations by south korean government, indirectly. There also some other countries that embrace blockchain technology before, this technology is becoming more popular as more countries find benefits from bitcoin.
The main focus of South Korea who regulates the utilize of crypto currency is blockchain. They want to implement blockcahin technology in each of their payment systems so as to create a transparent payment process. I think this is a good move for a country that is willing to risk taking and accept crypto currency. I hope another countries can adhere what South Korea do.
I hope this type of news will become a big contribution for the fuel of the rocket of bitcoin so we will reach the full tank of our rocket and we can now at least go up again and move to the moon and celebrate there because we all know that we are now suffering from the downtrends that we faced for the last few months and we only want one thing, and that is going to the moon.
hopefully with south korea other countries can follow. because bitcoin is the best answer for the future.
Good news.
What do you think.. why price fall again? I understand, news = good, price = drop. Strange?
What do you think.. why price fall again? I understand, news = good, price = drop. Strange?
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/
with this news may slightly affect the current market conditions, because we know if korea is one of the countries that use bitcoin with large amounts. maybe other countries can imitate korea to continue using bitcoin and set 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/
This is amazing to hear that for because South Korean is one the developed countries and for them also to buy into the idea of accepting cryptocurrency would help get rid of all weird perceptions that most nations have about legalizing bitcoin as a mode of payment.
Wow. This is another good news about Bitcoin, so soon it will be approved in the country and all the people in South Korea will be very happy. This is also the great advantages for the Bitcoin price to increase! Like what others keep on saying, this is a very good thing for the Market. The more Market supporters the higher its coin value.
If many countries agree with bitcoin and many other cryptocurrency. make sure that there are a lot of users to use after all and use experience on how to use a blockchain technology because you can not order a future of digital coins and whatever comes with it.
this is great news in this hard period,i am very happy when I hear that,the crypto market need more good informartion to support for market
Welcome South Korea. It’s a very very good news. It will bring a great change to the South Korean economy. And congratulation to be with BTC.
I am happy to hear the news. I hope countries like India will follow as there is huge potential there that can invest in crypto.
Its really good news to bitcoin community it means that day by day there is country accepting bitcoin and ihope around the world bitcoin become legalized to used and stop banning bitcoin.
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