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Author Topic: The cryptocurrency regulations are unconstitutional?  (Read 125 times)
travelgear17 (OP)
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February 08, 2018, 07:50:22 AM
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The case against the South Korean government over cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court. If the court rules that the regulations are unconstitutional, all existing crypto regulations imposed by the government could be nullified.
here is the press news..https://news.bitcoin.com/korean-supreme-court-judge-cryptocurrency-regulation-unconstitutional/
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Kotone
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February 08, 2018, 07:52:47 AM
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The case against the South Korean government over cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court. If the court rules that the regulations are unconstitutional, all existing crypto regulations imposed by the government could be nullified.
here is the press news..https://news.bitcoin.com/korean-supreme-court-judge-cryptocurrency-regulation-unconstitutional/

Well, I think that there might be a dispute over some of this things because the cryptocurrency is on something that hasn’t been on yet when the constitution was drafted. And some lawyers and some people are quick to point out that some of the regulations imposed might be unconstitutional because the court that is ruling hasn’t really seen anything quite like this.

btcrich2020
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February 12, 2018, 01:01:20 PM
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Yes imposing more than affordable tax is unconstitutional they should relax tax terms
jseverson
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February 12, 2018, 02:28:23 PM
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I've read through it and I don't think it's going to go anywhere. It just seems like a group is protesting the regulations. But then again, the case did reach their supreme court, so I guess we won't know until they make a ruling. Personally I think having the current regulations nulled would open the door for new harsher ones, so I'd prefer things stay the way they are.

It's incredible how restless the South Korea scene seems to be lol. I wish they'd just settle down a bit.

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February 12, 2018, 02:32:58 PM
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Yes imposing more than affordable tax is unconstitutional they should relax tax terms
taxes that we can accept if it makes sense with our income. no problem from my view of taxes. all will work well if balanced, and the rules will we obey if we have to live.
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