Finally good news from Korea, no plans to ban crypto!

[dincer125]

Good news... Korea is a big market for cypto world.

There are more than 2 million traders and bitcoin is the third biggest currency nowadays in Korea after USD and YEN.
https://www.forbes.com/sites/elaineramirez/2017/12/19/5-times-cryptocurrencies-rocked-south-korea-in-2017/#41fdce4f591e

Most of the telegram groups have also Korean channels which are used frequently and which proofs that the interest for ICOs is really high by Korean friends.

There are also nice projects with Korea origin. As far as remember ICON is created by Koreans which is a really promising project.

[MGmahesh]

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

news from south korea is a positive thing for bitcoin, altcoin and other virtual currencies, as a form of support as well as opposition to countries that ban bitcoin in general, it can strengthen and motivate bitcoin users to be unaffected and not worried on the spread of negative news, it shows that the virtue currency can really be a reference for the world community in general and investors for the convenience, convenience and security of transactions. forward cryptocurrency

[kingvirtus09]

I'm confident enough that they will back on track and Their governments appreciated so much the sincerity of their citizen about investing cryptocurrencies and ofcourse bitcoin will be back in action once the S.Korean Government will be giving tax to their citizens.

[Carmen01]

Yes that's good news because banning bitcoin in different country have big impact in price,i think it can happen now because crypto is not good for their economy like in some country but if they know already what can brings to them i'm sure they will acknowledge digital currency but now always think how to get attention of different country so the price of digital currency go really high in the future and it's good to all users of it.

[terzy]

This is of course very good news if post is true. Maybe we can finally see more periodical UPs in coinmarketcap. Looking forward to see it.

[bbjay]

This is really good news for the people of Korea, the bitcoiner and the entire world. This will boost crypto market and this development will help in improving price of cryptocurrency most especially bitcoin. More countries will continue to declear support for crypto world and that will create employment opportunities fro people in the whole world.

[Iyanu14]

Personally i felt it was just a fud then they never intend banning it but to regulate it for safety of Koreans and sincerely many ico are without any concrete plan to develop the token after initial coin offering no further development.

[mirte86]

If this is correct then it is very good news because the price was dropping and now it will hopefully start to rise again..

[vv181]

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

I thought that some more bad news will be published now so that the market fell even lower and whales could buy cheap coins.
Let's see maybe this news will bring the market out of the depression.Thanks for the news

After all the time FUD's has been spread, finally, we hear a good news from a government agency. Other than Lightning Network, I'm sure there still a lot of negativity in the Bitcoin, we know that in the Tradingview the sell signal is strong, and I believe it will force the market more downward, but because we hear a good news, I hope the market will be turned upside.

[dale1075]

This is good news indeed. Korea is one of the early adopters of cryptocurrency and one of those countries that also utilize is the most in commerce and tradings. Im sure this will give a positive impact to the cryptocurrency industry.

[Denverk]

Korea knows future.Other countries should be followed Korea.This is a future...

[globalcitizen]

This is a welcome development and a very pleasant news for the crypto community. I just hope that the news source should be authentic and not just another unconfirmed information. The market needs more good news to wake up and stabilize.

[X-ray]

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

As far as I know about the uncertainty news of crypto in south korea is fake, but the fact south korea tried to develop a new system to give taxation to the crypto exchange site or even traders.
This time they are trying to consider about that. I've seen a lot of people discussed that.
But people were so easy to be panic.

[guneytasyurek]

This is a welcome development and a very pleasant news for the crypto community. I just hope that the news source should be authentic and not just another unconfirmed information. The market needs more good news to wake up and stabilize.

Is there any possibility that news could be fake or not authentic ? Routers  wouldnt publish news if it is an assumption ?

[Fredomago]

Good to know that they will continue recognizing this currency instead of avoiding their people, we knew that a lots of supporters are also residing from s.korea and knowing that they are now back in the market would definitely make an impact, let see how the market will move after this news and after the people from this country will react and begin to invest more.

[pheonyx]

Government will never do that, in my opinion they just make a simple fake news to control cryptos in their hand, and they succeed because every participant in their place should register their name on which they can pay tax to the government.

[popolite11]

South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.

https://mobile.reuters.com/article/amp/idUSKBN1FK09J

Actually it can affect the cryptomarket and the altcoins will start moving up. We are all sick and tired and watching their fall. My friend told me the other day he is depressed through the events of January. Hope for good anyhow.

[kier010]

they would not ban cryptocurrencies they just want to prevent illegal activities and to put tax on some local exchange sites. cryptocurrencies can help the economic of their country and many of their people support it. their people would be disappointed if they ban crypto.

[cryptopussies]

Not a good source of news,we need some official announcement from korea,so we can verify if this is just another FUD to pump bitcoin's price because most of the whales can easily manipulate the news,they just need to pay some shitty news site to post some FUD so most of the people will jump in to a running train.

[Golstrim]

As for me,  this is the way like big whales manipulate crypto prices.  Firstly they create negative background and dump prices and after accumulation of position,  just a good news comes out and prices are going back to previous level