GOOD NEWS!!! South Korea on BITCOIN

[Elerntta]

It makes me believe that cryptocurrencies have the chance to complete the global development without governmental obstacles. This is very important now for the formation of bitcoin as a currency.

[William.vk]

It is a great news and the government of Korea for taking this wise decision and also hoping that government of other country will understand this as soon as possible.

[qwerty1337]

That's a good and great news that south korea legalised the bitcoin and give them full authority this is good for both authorities and also for the investors because now their trust is more strong and more promising for it.

And such decisions will very well affect the adoption of a bitcoin ETF, because you need to regulate this area

[ansarose1]

that's just a great news. I hope some other countries that doesn't welcome cryptocurrency does what south korea had. This kind of good thing makes crypto enthusiast, investors, traders, bounty hunters and everyone in this forum an inspiration of work. This would make the crypto industry make broad and widens its scope and capabilities.

[SUDARMONO]

this is very good and I think that with such support it will make bitcoin stronger and stronger for the trust in the wider community later.

[Cherylstar86]

this is very good and I think that with such support it will make bitcoin stronger and stronger for the trust in the wider community later.

It's good to know that despite banning issues, there are still countries and people who are open to this new kind of ideas like cryptocurrencies and are aware of how beneficial Bitcoin is for economy and its people. It's such a good thing to consider that they welcome this extraordinary innovation.  As one of the most influential countries in the world, it sets an extra mile as it opens new opportunities, it attracts more investors and promotes for its wide adoption from across the world. I'm very hopeful that there will be more good news to come. Nothing comes easy, no need to rush on things, it will come at the right time, don't give up, stay faith high and strong.

[vhns222]

Step by step and countries like Korea and Japan would be winners as their gov. understand its future of world and try be leaders and make much more money as always.

[AmoreJaz]

Step by step and countries like Korea and Japan would be winners as their gov. understand its future of world and try be leaders and make much more money as always.

good for them. but what is the corruption level in s. korea? might be great news for them as another cash cow in the making??? or they have strict regulations in terms of financial handlings?

[SnapDown22]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

That really is a very good news. Many countries around the world are attaching great importance to cooperating with some altcoins in the Crypto market and accepting its appearance in their country. This is a sign that Cryptocurrency is a very potential market and it will grow strongly in the future.

in my opinion it's good and enough if bitcoin is in south korea because the government approves the existence of bitcoin and can develop faster there i think that's a good thing

[ngocbkcse]

Crypto is slowly and surely conquering countries. Some day those who are panicking would think of these days with a bashful smile for not believing...

[Scharfenberger]

I see the good news for the crypto market. Perhaps Korean guys are more advanced in this technology then some other countries.