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Topic: GOOD NEWS!!! South Korea on BITCOIN - page 6. (Read 3182 times)

newbie
Activity: 42
Merit: 0
September 13, 2018, 07:39:00 AM
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.
full member
Activity: 518
Merit: 101
September 13, 2018, 07:26:11 AM
very good info, after people see this news I am sure some big investors will buy bitcoin and have an impact on the current price
newbie
Activity: 294
Merit: 0
September 13, 2018, 06:36:39 AM
Sooner or later, blockchain will become an integral part of our everyday life, like computers or mobile phones.
newbie
Activity: 16
Merit: 0
August 09, 2018, 11:55:39 AM

Nice it will gonna spread around the world
full member
Activity: 350
Merit: 100
August 09, 2018, 11:39:19 AM
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/

even  this news is good the value of bitcoin will not go to the moon until the whales will do it but i think this is a good news for all people to know all about bitcoin and to know that bitcoin is not a scam type this is like a fraud because of the manipulation of all whales but this is good way to send and get money too fast thsi is very usable in the future i think.
member
Activity: 266
Merit: 10
August 09, 2018, 11:36:21 AM
this is very good news! I really like South Korea, it constantly gives way - crypto market. A lot of countries are looking at its solution in this direction, so this news will spread very quickly all over the world.
hero member
Activity: 980
Merit: 502
August 09, 2018, 11:07:06 AM
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/

A very good news that any bitcoiner could get that the bitcoin has been started legalising and accepting in the different parts of the world and not only South Korea 🇰🇷, there are other nations too like Florida, japan 🇯🇵, Brazil 🇧🇷 who has legalised the transaction of bitcoin in their nation and not only countries, the big companies like BMW has also started accepting bitcoin, I think the only thing that everyone is waiting for the legalised of bitcoin globally and becoming bitcoin the central currency world wide.
member
Activity: 364
Merit: 10
August 08, 2018, 02:08:08 PM
I am pleased with any news that some company started using bitcoin, or that the government of any country accepts cryptocurrency. That's cool.
newbie
Activity: 58
Merit: 0
August 08, 2018, 11:51:30 AM
Good news !!! , I think this is just a matter of time blockchain technology can be applied in different countries. The question is which country will apply and provide clear regulation, and if it works I'm sure will make a big impact on the development of bitcoin and the world of cryptocurrency. And south korea is one of the most open countries for technological problems.
newbie
Activity: 88
Merit: 0
August 05, 2018, 12:37:44 PM
It is a great news and Really appreciate the government of Korea for taking this wise decision and also hoping that government of other country will understand this as soon as possible.
newbie
Activity: 98
Merit: 0
August 05, 2018, 12:35:11 PM
This is what the crypto market needs, in particular bitcoin.If Korea regulate bitcoin will be obvious that the rise of the price of up to $ 25,000 .And for Korea will go and other strange, still waiting for the East !
full member
Activity: 278
Merit: 100
August 05, 2018, 12:32:07 PM
If those are true, excuse me please for doubting in that, it is just because there are so many fake news around today. Then it is a great news for all of us bitcoin holders but it is amazing for me that the price is not getting up after those news.
member
Activity: 384
Merit: 10
August 05, 2018, 11:49:51 AM
South Korea is Asia's strongest economy and even the world, of course this is good news, hopefully having an impact for the long term and becoming the beginning of the increase in bitcoin prices, and at the end of the year it can reach at least $ 25k.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
August 05, 2018, 11:36:16 AM
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/


A good news for many people in BTC not only for Koreans. Seems that the Korean Government look at to the benefits gained by their people to the bitcoin rather than to the risks   or negative effect it has since it has a clear rules about it. Sadly to those countries who banned it. It seen as they lost some opportunities for their developement.Hoping that they would change their decision after on what happens in Korea. Hi China Smiley
full member
Activity: 421
Merit: 100
August 05, 2018, 11:07:01 AM
Achievement for bitcoin as South Korea recognized bitcoin as asset.

Hoping that other country will follow. Germany had recognized bitcoin as legal tender. I just don't understand why other countries ban bitcoin.
sr. member
Activity: 586
Merit: 250
August 05, 2018, 09:06:23 AM
very good news! South Korea is constantly in front of all countries! Now a lot of countries are watching Korea develop in the whole crypto market! I think very many countries will follow South Korea and will legalize crypto currency in their countries!

Well this is after releasing regulations in icos and i think other countries banning cryto should look into regulating rather than an actual ban. The positive effects of crypto in the long run would definitely benefit any nation given the proper rules and regulations.

I agree, countries that are banned from bitcoin and crypto certainly have to think again because the benefits of bitcoin outweigh the risks, as long as there are clear rules then bitcoin can certainly be beneficial for everyone.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
August 05, 2018, 08:50:25 AM
That's great news, many country have now accept bitcoin, sad thing some country banned bitcoin, hopefully they unbanned bitcoin like china so bitcoin will rise again, but we need to believe in bitcoin and their function.
member
Activity: 266
Merit: 10
August 05, 2018, 08:47:57 AM
Woww..at long last South Korea is going back on its strict decisions. I am glad they have now opened their eyes to the huge potential such a powerful country like themselves can gain from the investment and activities of the blockchain technology and cyrptocurrencies.
full member
Activity: 336
Merit: 100
The Pure Proof-of-Tansaction [POT]
August 05, 2018, 08:42:34 AM
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/


Another great news for bitcoin,more and more countries are regulating the legality of bitcoin,hope this great news will encourage more investors.
newbie
Activity: 196
Merit: 0
August 05, 2018, 08:36:21 AM
Some countries encourage some to bans the bitcoin's performance really disturbed when making investment decisions.
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