Topic: South Korea Opens Doors for Cryptocurrency - page 16. (Read 2823 times)
Great news. South Korea demonstrated to the whole world its tolerant attitude to the crypto currency. If this positively affects the economy of the country, then other states will support digital money.
This is a great information for the cryptocurrency because every other country has embracing cryptocurrency and is capable of appreciate how cryptocurrency works. As all of us realize that this type of funding is unique and certainly one of a type funding being by means of among the countries in asia and everywhere in the world. that is a modern innovation in an effort to write an history itself inside the close to destiny.
If this news is true, then it'll do a big impact on the market. A good decision from South Korea and hope other countries will try to follow this.
This topic is based on lowering of taxes on crypto in south korea. This is a good push for crypto investors traders and HODLers in south korea. This it seems a good push for the value of different crypto currencies to rise up as lot of other people are encouraged to get involved in this field who were out of this because of higher tax numbers and legal offences that was there before. This is a good move for the crypto world.
Is this the official information or just a guess? I quite doubt about this information. If it was true that Bitcoin would have been worth the price increase
I hope not only south korea open their doors for cryptocurrency but also the other country.The more country accept bitcoin the more chance to increase the price of bitcoin.I think it is a good news for everyone and the people in south korea will also invest in crypto currency.
Yeah, I read that too. The new policies along with the request from the government to improve the AML and KYC systems of local cryptocurrency exchanges have demonstrated the willingness of the government of South Korea for cryptocurrency regulation, even at the risk of the public acknowledging the decision as an intent of legitimizing the local cryptocurrency sector.
Yes, cryptocurrency is quite big in South Korea. Data shows that 3 in 10 salaried workers in South Korea had invested in cryptocurrencies.
If this happens then this is a good information. The market can recover quickly if Korea does that
South Korea open doors for cryptocurrency, this is another leap of cryptos in the asian countries, and openning doors to people of south korea within in their country that may have the crypto holders to use this cryptos in the different establishment in their own country, that is a great news for crypto holders.
This is the beginning of great news in the CRYPTO world because many investors are coming in and it shows different Government from different continent will adopt Bitcoin and this will increase it value. My opinion
So another country welcomes cryptocurrency. I do hope more and more country starts to welcome cryptocurrency and realize how great and awesome cryptocurrency is. Soon we will see many countries accepting cryptocurrency and people will embrace it.
It's only a matter of time before other countries follow suit. We've seen many conflicts against cryptos, like Facebook banning them, heavy government taxes and the like. It seems they're beginning to realize that it's an inevitable part of their development if they still want tp be relevant in the fast-paced world.
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!
Oh, well its good to hear that. It's a good news for all of us, even though it has a tax but it's okay still the fact that the government accept bitcoin and legalize it that is important. I hope bot only south korea open the door to bitcoin, for sure they did not do it if they know that bitcoin will only an epic currency. Thank you for those people who are work to the success of bitcoin in south korea. I hope my country will also do it.
It's a good news for all the users of Bitcoin and in all investors.I hope not only South Korea open the door for accepting Bitcoin but also all countries. The more country involved in Bitcoin the more increase the price of Bitcoin.
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!
So finally the issues of Bitcoin status in South Korea has been concluded to be acceptable by the government as it was become controversy before due to the government wants to abolish its existence in the country thru banning it but now its already been cleared that Bitcoin and other crypto currencies can now be freely to be use as investment in this country. It will be a huge success for Bitcoin then.
This is a very good news for cryptocurrency and i want to thanks Korean government for accept bitcoin as ligeal. Korea has big economic field and so many investor come this sector for this great news. I think every other country should follow in Korea and take advantage of cryptocurrency.
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!
We dont limit about whos to enter the Cryptocurrency,as long as this country will not use this community for their illegal activities because we have taken this for good in such a longThat'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!
South korea being known as communist and self supporting country would be a good part of this world but lets wish they will use this to prosper their country and not for anything else
I hope other countries also follow this policy, so it does not prevent us as bitcoin hunters to get bitcoin .. !!
I am so happy about that. That is a good sign for the crypto market
Jump to: