Topic: GOOD NEWS!!! South Korea on BITCOIN - page 9. (Read 3182 times)
Long back itself south Korea is contributing big to the growth of bitcoin. This has been one among the Asian country that has been providing good support to the growth of cryptocurrency. Even now through bithumb, largest exchange of South Korea almost each and every activity is taking place in a regulated manner. Now the news from South Korea makes it much more easy accessible to the public.
i hope from the south korea give the good project !!
success for hunter !
success for hunter !
Very interesting article. I think that between this news and the news that the Samsung is going to support crypto and blockchain payment, there is a certain connection. This is because South Korea is serious about looking at crypto-currencies and blockchain technologies.
On the article they said:
"It’s almost certain that cryptocurrencies will be classified as assets and the main issue will be centered on how to regulate them properly under the unified frame that will be agreed upon between G-20 nations. Given the current stance, this isn’t good, but we will step up efforts to improve things."
After i read this, i understand and believed that the cryptocurrency is coming strong and all the nations will accept it, there are no more choice for who haven't accept crypto yet.
"It’s almost certain that cryptocurrencies will be classified as assets and the main issue will be centered on how to regulate them properly under the unified frame that will be agreed upon between G-20 nations. Given the current stance, this isn’t good, but we will step up efforts to improve things."
After i read this, i understand and believed that the cryptocurrency is coming strong and all the nations will accept it, there are no more choice for who haven't accept crypto yet.
Really good news indeed. South koreans have a passion for new technologies. If they start using BTC more often - it will be the first step to worldwide adoption. And I mean real adoption, not just couple of stores for cryptonerds.
Indeed, if it's legit it is a good news for the market, and I agree that South Koreans have passion when it comes to technologies. And also they are well-known, if they'll use Bitcoin and prove that it's safe than any other investment, other countries will adopt it too, which will lead to mass adoption of Bitcoin.
Really good news indeed. South koreans have a passion for new technologies. If they start using BTC more often - it will be the first step to worldwide adoption. And I mean real adoption, not just couple of stores for cryptonerds.
Hi...
Yes, it is very good news..Now the bitcoin may increase.
Yes, it is very good news..Now the bitcoin may increase.
very good news, maybe a few more steps bitcoin will be admitted to the world and we all want it, and I believe someday
This in my opinion is not just good news but great and welcoming news as the South Korean nation will now champion the cause of making sure that the security and proper monitoring of events on the cryptocurrency world is monitored and checked, and not necessarily centralised. It is good to have all these in place.
With Korea, electronic money is always leading, so in this country we can spend BTC legally for the purchase of goods and services.
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/
It is a good news to hear for all of us that South Korea are now using bitcoin. Many people from South Korea wants to invest in bitcoin and now they are allowed to invest. Bitcoin is now succeeding I can't wait for the price to rise up because of this consecutive good news.
That is a good news South Korea will using bitcoin the bitcoin is popular all over the world it has a good effect to the market for developing the digital currency and alternative money.
this is good news for the development of blockchain technology especially in the field of digital currency. if korea really apply the technology, it will have good effect for the development of digital currency and make user of digital currency will increasingly. so that the era of digital commerce will be more excited.
Even if the news is true, I won't be too excited about it. The South Korean government is full of lunatics. They make abrupt u-turns with their policy every now and then, just like they did in January 2018.
Blockchain technology will never be ignored by the masses because of its innovation and high technology. Countries now are starting to develop cryptocurrency as their own to have benefits on their community.
The support of developing countries on such system of currency would lead to a better development in terms of system of transaction on different field in business and investment. So It is a great move by south Korea to somehow look at the future ahead that bitcoin could give to people by continuing our support to the market in investments and trading.
South Korea is bullish on bitcoin it is a positive move for cryptocurrency industry but we should understand how the market is moving to gain the south Korea positive news in coming days we can expect pump
This is 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.
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.
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/
That would be good news in the world of cryptocurrency in the future, and I hope other countries can follow in korean footsteps to advance their country especially in cryptocurrency.
the news doesn't read positive to be honest!
it is talking about two things, investing in cryptocurrencies and the blockchain technology! the first one is just for taxation purposes because there has been a large volume (most of which has been fake) on Korean exchanges and the government wants his share. and the second one has nothing to do with bitcoin or even cryptocurrencies. it usually ends with the government creating their own centralized cryptocurrency!
a good news would have been if they adopted bitcoin as a "legal way of payment" so that they recognized bitcoin for what it really is, a currency.
it is talking about two things, investing in cryptocurrencies and the blockchain technology! the first one is just for taxation purposes because there has been a large volume (most of which has been fake) on Korean exchanges and the government wants his share. and the second one has nothing to do with bitcoin or even cryptocurrencies. it usually ends with the government creating their own centralized cryptocurrency!
a good news would have been if they adopted bitcoin as a "legal way of payment" so that they recognized bitcoin for what it really is, a currency.
Yes, you're right mate. If it is accepted in other countries just to be controlled by their governments, it seems bitcoin does not serve its purpose. All transactions will be revealed by the government just to earn taxes from it. But if their governments will open businesses that would accept bitcoin as a way or mode of payment maybe it would be of great help to improve bitcoin and increases its demands in the market.
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