South Korea Opens Doors for Cryptocurrency - page 18.

Fire316

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Quote from: Phlaser on June 22, 2018, 12:40:39 AM

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!

This is a great news for all korean investors and it can help to pump cryptocurrency market. Hope that other countries also accept cryptocurrency for wider spreading about cryptocurrency so that other people also know about it and be the one among us that invest and use cryptocurrency towards a better life.

Vicrey

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Quote from: mfyilmaz on June 28, 2018, 04:35:35 PM

I indeed think that this is good news for crypto world and it will make a step forward to a cashless crypto payment environment. I think the more people adapt bitcoin the more we will profit all from it so south korea making bitcoins legal is a step to the right direction and makes me hope for other countires to take action aswell and open borders for crypto especially china and usa...

Yes, it is a good news on behalf of the korean countries , they will legalize crypto currency, also crypto currency can be a source of living in the society of the country who is doing it, It can improve all economic and technological system also the agriculture itself, I think my country should do it too, To ease poverty and have a brighter future.

mfyilmaz

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I indeed think that this is good news for crypto world and it will make a step forward to a cashless crypto payment environment. I think the more people adapt bitcoin the more we will profit all from it so south korea making bitcoins legal is a step to the right direction and makes me hope for other countires to take action aswell and open borders for crypto especially china and usa...

Sarastiche

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BITCOIN IS THE CURRENCY OF THE GLOBE

This a a goodnews that we need to ensure it become viral, for more people to be encourage, Cryptocurrency market is sure to be accepted globally overtime, No need to panic, sure this will encourage more investor and other countries to get involve and in few years to come, you will be an alien if your country do not accept cryptocurrency market. The revolution is here and cryptocurrency is here to stay .

muneeb.zain

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Its definitely a good step from South Korea that bitcoin is legal there and they can regulate it without the fear of being caught by some official this can also increase the awareness of bitcoin and easy for people for buying and selling things through bitcoin

Veterock

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I will pray that this news will help revive the market)

madisonnd99

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It’s a great news for crypto market. Nowadays many countries are accepting bitcoin. Because they feel crypto currency can change their countries economy in a positive way. In recent times crypto currency is a great site for investment.

Odonko

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This is a very bold step by South Korea and i think is a nice move as it would help in the initiating of bitcoin to be accepted by other countries and i guess one day bitcoin will be accepted globally as a legal currency.

rumexx

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This is a very cheering news coming from S. Korea to the bitcoin family. The government is forthright and ready to accept cryptocurrency with a human face tax on profit of Korean. This will soon motivate other Asian countries to do same.

pancawati77

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There is a recent news that from exchanges and exchangers they kidnapped around 50 and $ 35 million in crypto currency is very bad. The introduction of a 20% profit tax on the cryptocurrency as one of the lowest in the world. The current state government is betting on bulk characters and this is very true. High taxes pushed cryptocurrency into the shadow because it was tracked very badly. Cool

whitewolfofcoinstreet

newbie

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Lovely to see korea get its head on straight. too bad us here in the states won't see the same because the dollar is too much a useful tool to it.

Nasty23

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★Bitvest.io★ Play Plinko or Invest!

Quote from: vonnyaries on June 26, 2018, 02:42:18 PM

its a great news for us we can see that the bticoin will accpeted in all big country in the world and we hope that other country will open their doros too for bitcoin, so bitcoin can be the international currency and we can use ibitcoin everywhere and anywhere

It would be a nice idea if someday we will use bitcoin wherever we are on which can really help the bitcoin to increase its value and also the community that supports it will become stronger. The adoption of bitcoin in different countries will continue and the law will also make bitcoin applicable for the use of everyone on which the investors can be protected by the government.

criptoturk

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I am very glad to hear this news about south korea. But I believe all countries around the world open their doors for cryptocurrencies. This is the result of globalization..

Alanpigi80

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South Korea has always been the most rational side of the Asian continent. That's good to know, it's an important decision that will make South Korea a part of the crypto revolution

vonnyaries

full member

Activity: 350

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its a great news for us we can see that the bticoin will accpeted in all big country in the world and we hope that other country will open their doros too for bitcoin, so bitcoin can be the international currency and we can use ibitcoin everywhere and anywhere

adnandanish102

newbie

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If this is indeed then market for bitcoin will abviously grow up and will result to attract more investors and that will be actually the rise of bitcoin.

Chacon994

newbie

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Quote from: yusupjatigumilar on June 23, 2018, 06:43:10 AM

I hope this will make bitcoin prices skyrocket again if more countries allow bitcoin, eat more investors to invest in it, automatically if the number of investors increases then the price will immediately move up, and this will provide benefits for investors because the price difference buying and selling price

I also hope this comes true. By recently Korea was one of the countries accepting Bitcoin and they are looking to build a lot of coins from their country. ATFS is a coin made by Korea

bitcoincass

newbie

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Great news, this could be a good reason for a price increase on the right coins again

bitcoinVPSD

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Good news for bitcoin. But I think this does not change much of the current bitcoin value. The bitcoin value is getting worse. That is a very strong discount. We have seen many good news come to it. But it does not affect the value. Many investors are still selling their bitcoins.

walemil

full member

Activity: 448

Merit: 100

This is a good development. I have argued it time and again that majority of the countries refusing bitcoin for one reason or another presently will soon see the need to accept it. Better days ahead for bitcoin and cryptocurrencies generally.

Topic: South Korea Opens Doors for Cryptocurrency - page 18. (Read 2823 times)