South Korea's financial service provider's decision

Aneuk cabang

member

Activity: 242

Merit: 12

Quote from: AmericanBit on February 01, 2018, 04:26:30 AM

South Korea’s biggest banks, along with other financial service providers have started to support cryptocurrency businesses and investors.

news are available here : https://cointelegraph.com/news/south-korea-ends-anonymous-cryptocurrency-trading-exchanges-to-finally-add-new-users

what do you think can this fact encourage investments?

i love this good news, it will get me a little relieved about south korea bitcoin issues. just sometimes ago, SK try to ban bitcoin, and what the effect of it? the bitcoin price falling down. with this news it give another space to breath and ofcourse there is another good news to from SK on Bitcoin/cryptocoin :https://www.ccn.com/securing-future-iot/

Payapa

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That's a good thing for a country which is also technologically advanced. The move to end anonymous transactions is kinda like KYC or "Know Your Customer" strategy, so banks can now be aware on who's making a transaction in the blockchain. There's now hope somehow in the countries that I see have a huge potential in the crypto world in terms of technology.

elizavetausova0112

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I have not heard anything about it, and I do not understand. Does anyone know something? tell me more in detail

Dluretic

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The Experience Layer of the Decentralized Internet

I've always thought that's good news.
South Korea's further regulation of cryptocurrency markets means it is legal to recognize bitcoin and cryptocurrency.

AmericanBit

sr. member

Activity: 630

Merit: 250

South Korea’s biggest banks, along with other financial service providers have started to support cryptocurrency businesses and investors.

news are available here : https://cointelegraph.com/news/south-korea-ends-anonymous-cryptocurrency-trading-exchanges-to-finally-add-new-users

what do you think can this fact encourage investments?

Topic: South Korea's financial service provider's decision (Read 128 times)