GOOD NEWS!!! South Korea on BITCOIN - page 3.

muhammedb

full member

Activity: 378

Merit: 108

Quote from: bitkid015 on July 08, 2018, 10:13:56 PM

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/

It good news anyway if really are get the news from a right source because many people have been post or creating similar post just merit or signature sake, so I think it very important to get a news from a right source before spreading it to avoid misleading people with your post just .

namcunguyen

full member

Activity: 412

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This is a great news for Bitcoin because the interest of the government from an Asian country like Korea has had a positive impact on cryptocurrency. We will also hope that other countries expand their understanding of Bitcoin.

project_delta

jr. member

Activity: 98

Merit: 2

Quote from: bitkid015 on July 08, 2018, 10:13:56 PM

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/

There are several conferences being held in South Korea regarding Bitcoin and Blockchain.There are number of projects from that area too.
South Korea has been one of the biggest support for Bitcoin and blockchain!
Also number of shops are also accepting Bitcoins there. So this country is really advanced and accepting this technology the way it deserves!

ZzV1Finn

full member

Activity: 345

Merit: 100

Quote from: bitkid015 on July 08, 2018, 10:13:56 PM

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/

Yes, for someone it is certainly good news, but for someone and cause for disappointment, because some countries are also waiting for the same event, but few have yet to wait.

ONDOYFLORES

newbie

Activity: 6

Merit: 0

I hope this is the beginning of other country to regulate bitcoin,and also the start of bitcoin to goes up ,this is really a good news .

basyang

full member

Activity: 644

Merit: 100

Quote from: bitkid015 on July 08, 2018, 10:13:56 PM

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/

Yes. Its a month time ago since south korea start to accept bitcoin. I heard they also used it now as a mode of payment in malls and other stores online, which is good because that is the purpose of bitcoin to be used in transactions. For sure they see cryptocurrency as a future currency to their country, its good to hear that south korea one of the attractive place to visit will ready to embrace cryptos.

princeyeboah

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Activity: 714

Merit: 14

South Korea has taken a revolutionary step towards the future of enhanced payment method by legalizing Bitcoin. This will in turn boost the entire crypto market as the people of South Korea familiarize themselves with Bitcoin. Countries in alliance with South Korea will soon adopt Bitcoin after seeing the boost in the economy of South Korea.

Nanbaka

member

Activity: 117

Merit: 11

new about people in different nations patronizing bitcoins sure is a great news indeed! more people not just in our own country but from other nations as well using bitcoins

SubstantialLynx6

newbie

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Merit: 0

slay south Korea !

rodskee

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OrangeFren.com

So nothing doubt bitcoin are important first digital cryptocurrency
More and more country believe about the new technologies
Bitcoin is the new era of miney using new technology someday in the help of I.T expert
Digital money become stable currency

julzcoinbit

full member

Activity: 434

Merit: 105

Quote from: Wakkocu on September 23, 2018, 10:08:48 AM

Is this really ?? good news for the crypto world. Now governments Know the benefits of cryptocurrencies and They will allow crypto I'm pretty sure. Korea will be the first

I guess not, there were few countries already adopted bitcoin such as Japan and I guess Korea seems found that bitcoin really good for business investment, since this is cannot be regulated by the government.

christofyler

newbie

Activity: 532

Merit: 0

That nice what a good news it seems the world is now accepting bitcoin... The more people coming in the more cryptocurrency is growing in value and also it will help it to well know by everyone.

cybernetik7

sr. member

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As the volume of market expands and market gains depth, people's attention to criptocurrency grows. But we don't read such a good news for a while. To find ways which can be used widen government officials' horizon and make them also see opportunities is so important, because they only focus on risks of criptocurrencies like their volatile prices.

TARUN GUPTA

newbie

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This is good news. I hope many country follow bitcoin and also will make the bitcoin price back better......

Wakkocu

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https://moviehdinfo.com

Is this really ?? good news for the crypto world. Now governments Know the benefits of cryptocurrencies and They will allow crypto I'm pretty sure. Korea will be the first

ekateriinae

member

Activity: 182

Merit: 11

Try as hard as you can!

That was a great news for bitcoin community. This surely bring a lot positive mind to bitcoin investors that there still a hopes for bitcoin to alive more longer.

KonstantinosM

hero member

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Merit: 763

Life is a taxable event

It's good to see that regulators can look through all the FUD, the scams and the crashes and come out of the other side supporting Bitcoin, honestly I'm surprised.

South Korean adoption is important because they are one of the most highly advanced societies technologically speaking. There's a reason they're cranking out top e-sports players every year.

I would expect the earliest places to hit mass adoption to be countries that have real problems with their currencies (hyperinflation) but perhaps it's going to be countries like South Korea where there's more people ready to understand the technology better, at least until it gets polished enough for the everyday user.

diceoption.com

newbie

Activity: 42

Merit: 0

Bitcoin is very popular in Korea, but there are also many people who are losing money Grin

yecats

member

Activity: 395

Merit: 14

Good to hear this of news Wink

I've heard my Korean boss says that many Korean they don't believe in Bitcoin and they are much afraid because scam is everywhere today Wink

but hearing that news is a big impact and can attract other country to follow as well.

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: maksimukr1989 on September 23, 2018, 08:27:41 AM

It is a very good country that also wants to use new technologies.I hope this news will eventually have a good impact on the cryptocurrency market as a whole

So many news like this and yet the market are still dumping, well I’m actually referring from the time OP made this thread. A news like this can pump the market but its not that high. The future of bitcoin will still be good, more countries will recognize bitcoin soon.

Topic: GOOD NEWS!!! South Korea on BITCOIN - page 3. (Read 3176 times)