Topic: South Korea Opens Doors for Cryptocurrency (Read 2823 times)
this is new really motivating to all cryptocurrency users this will give a new boost among the people who got panicked.
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well this is very good news for bitcoin to be able to grow in the whole world, so hopefully the neighboring country can accept bitcoin and crypto well so that developments and prices can also experience a good increase
Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
That's a good news, i hope there will be more countries accept and open door for cryptocurrency.That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
That would be a grat begining.
Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
That's a good news, i hope there will be more countries accept and open door for cryptocurrency. That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
This is great news and I hope that in the future the majority of states will also accept cryptocurrency.
This is a very good news for us. We all know that south korea is controlling a large number of crypto. As it's open the doors for cryptocurrency we are going to see a bull run again!
Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
great news!
Beside South Korea, Japan is earlier country that regulate cryptocurrency. I think more country will regulate cryptocurrency and mass adoption become closer. I hope with more country regulating cryptocurrency, investor will confident with their investment and not panic with market condition
Most of those countries who able to allow crypto have a long perceptions that this system can be use for much easier transactions overseas, knowing that it can help a lot in their industry those government bodies are able to create their rules not to bother crypto itself but a rule for the country itself and nothingto do anything from this current system, people will learned from each countries that will succeed without breaking anything from the sole purposes of crypto market.
The world financial system will change and we must be ready from now on !!!
South Korea’s biggest power utility – Korea Electric Power Corporation (KEPCO) – recently announced development plans for its own blockchain network.
https://coinedtimes.com/crypto-adoption-in-energy-how-far-will-it-go/
https://coinedtimes.com/crypto-adoption-in-energy-how-far-will-it-go/
Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
That's a good news, i hope there will be more countries accept and open door for cryptocurrency.That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.
http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao
In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!
That would be a grat begining.
Beside South Korea, Japan is earlier country that regulate cryptocurrency. I think more country will regulate cryptocurrency and mass adoption become closer. I hope with more country regulating cryptocurrency, investor will confident with their investment and not panic with market condition
Most of those countries who able to allow crypto have a long perceptions that this system can be use for much easier transactions overseas, knowing that it can help a lot in their industry those government bodies are able to create their rules not to bother crypto itself but a rule for the country itself and nothingto do anything from this current system, people will learned from each countries that will succeed without breaking anything from the sole purposes of crypto market.
Beside South Korea, Japan is earlier country that regulate cryptocurrency. I think more country will regulate cryptocurrency and mass adoption become closer. I hope with more country regulating cryptocurrency, investor will confident with their investment and not panic with market condition
considering the South Korean country is a developed country and they opened the door for cryptocurrency it was very good. because maybe the South Korean country believes that this digital currency can be valuable assets in the future and help the economy of their people or other business fields.
Thats good news for them because they will enjoy the movement of crypto in business industry low taxes its time to invest many people will have a chance to join in crypto world aside from that they will grow crypto market in thier country.
that's good, because now the bitcoin is spreeing in all country,.. opens the door to cryptocurrency and I'm sure someday all countries will begin to open their doors for cryptocurrency and cryptocurrency will be legalized as an investment asset, so I'm sure cryptocurrency prices will definitely increase very high if all countries start legalizing cryptocurrency.
Well, this is a great news for the community of investors not only in S Korea but around the world. And also it's a beginning of opening doors for accepting cryptos than resisting it.
The followers of bitcoin continues increasing this is one great news for bitcoin community cause lot's of countries believe and support in bitcoin. South Korea now accepted bitcoin, I am so thankful this country are open minded about the new technologies of cryptocurrency.
The largest financial institution in South Korea has decided not to support the digital exchange and provide virtual bank accounts to investors. That shows us that Korea has opened the door for cryptocurrency
Now the South Korean financial regulator is reorganizing so it can "proactively respond to financial innovation in the fourth industrial revolution era" — meaning it's looking to nurture bitcoin, cryptocurrency, and blockchain. I think some of the countries are now embracing the blockchain or the cryptocurrency because they are studying what are those benefits they can get from it. Eighter for them or for their countrymen. They will not be going to regulate those things if they can't have any benefits they will get from it. Business is still business.
That's a great news and besides year ago south korea doesn't accept bitcoin in fact their country is not interested on cryptocurrency so far, but now they open doors to bitcoin and cryotocurrency. Every crypto enthusiast hopes that all country around the world would accept cryptocurrency as a whole. Because it can also give a good impact to bitcoin and altcoins in the market.
Soon, we will see that many more countries open their doors to the cryptocurrencies. People want to deal with the blockchain as they understand that these are the technologies of our future.
I certainly visioning that crytocurrencies will be adopted by many countries around the world, which can actuate the flourish development and acceptedly been take it legally. And it sounds so pleasure that South Korea has seen how good and reliable to open widely cryptocurrency in their country and hopefully for the rest countries will start accept it delightly.
That's a great news and besides year ago south korea doesn't accept bitcoin in fact their country is not interested on cryptocurrency so far, but now they open doors to bitcoin and cryotocurrency. Every crypto enthusiast hopes that all country around the world would accept cryptocurrency as a whole. Because it can also give a good impact to bitcoin and altcoins in the market.
Soon, we will see that many more countries open their doors to the cryptocurrencies. People want to deal with the blockchain as they understand that these are the technologies of our future.
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