Bitcoin Forum

South Korea is doing the right thing by regulating cryptocurrency trades: BitSpread founder

It’s not only south Korea who is regulating bitcoin trade there are a lot of countries who regulate bitcoin and recently Indian high court also give an order to make bitcoin regulate because bitcoin is helping the countries in their economy so I think bitcoin is such a currency which can help anyone and it’s a very good idea to regulate bitcoin because it will make bitcoin more strong and its price will also go more high.

That was really a great news for all of us, hope that someday here in our country they will also gonna open for this in the stock market. Yes they are really doing the right thing and hoping our government will also see the potential income it will bring in our country if they will finally endorse it and in the market.

Regulating is always good for crypto currencies instead of banning it completely.South korea is playing a major role in bitcoin trading today and any negative news from such a country would definitely affect the price of bitcoin as well as other crypto currencies.

Some people say something else about Bitcoin in South Korea. this causes the BTC price to fall.
hopefully not give a bad effect.
finally the Government made a good choice. and BTC will return.

We don't need to worry about that since Korean government knows best for their country and I think they already saw what potential bitcoin can bring to their life and to their government. I am not after Korea but I guess even though they will ban bitcoin just like other countries still bitcoin will continue to rise and no one can stop it.