South Korean Regulators to Legalize Cryptocurrencies and ICOs

[sarajahon]

The South Korean regulators and officials plans to endorse its approach towards cryptocurrencies policies. Basically, it is coming up with new rules to regulate cryptocurrency in every aspect of business. These guiding regulations of cryptocurrencies are termed as “financial assets”.

https://coinpedia.org/news/south-korean-regulators-crypto-icos/

[chickenado]

The South Korean regulators and officials plans to endorse its approach towards cryptocurrencies policies. Basically, it is coming up with new rules to regulate cryptocurrency in every aspect of business. These guiding regulations of cryptocurrencies are termed as “financial assets”.

https://coinpedia.org/news/south-korean-regulators-crypto-icos/

Wow!  this is a great new for the cryptocurrencies in south korea!  If this happens the market of the crypto world will really increase and this has a great impact to the price in the world market too! If this happens this will give a beautiful color to the investors! Sure thing they will expect higher profits too!

[bitfocus]

I think south Korea will  become just as crypto friendly as Japan soon. Good news!

[coinwizard_]

At last we finally have some positive news! Crypto has been in the red for too long now so it's great to see that things can go back to the green. All the south korean fud was killing this market but now i think it will finally turn around for good.

[boakyei]

It is long overdue, considering their neighbor ,Japan has make a lot of financial gains in cryptocurrencies, they should have ventured into the field for long time. I think very soon, china and other countries, will be lifting ban on cryptocurrency too.

[BTCWise]

Well if this happens then it will pave a new way for cyrpto currencies and ICOs. This will surely have a positive impact on the current markets. This year hasn't been as profitable as 2017 but its surely going to improve over time. I foresee good results for Bitcoin and other crypto currencies before the end of this year.

[tensports]

its a good news for cryptocurrency there is also good news coming from European union as European parliament passed blockchain resolution so its good day for cryptocurrency

[carlisle1]

The South Korean regulators and officials plans to endorse its approach towards cryptocurrencies policies. Basically, it is coming up with new rules to regulate cryptocurrency in every aspect of business. These guiding regulations of cryptocurrencies are termed as “financial assets”.

https://coinpedia.org/news/south-korean-regulators-crypto-icos/

We know how great korean government in terms of country technology and adapting cryptocurrency is one major factor why this must be celebrated,i believe that if this happens we can cover the loss from india and china for not participating in our community.hope this will be passed sooner then the market go stronger again

[oceantiger]

This news is worth noting. It will really promote wider adoption of Bitcoin in that country. South Korea is an economic force and has a sizable population which will affect the price of bitcoin. Let them finish the regulations and we see how far we can go.                                                                                                            

[forumsehat]

That's very good and I think it should take a step approach to the management or rules of cryptocurrency for business as well as other aspects.

[Veterock]

If they introduce these laws it will be a huge success for the crypto currency, because then crypto will go on the same level with the fiat money.

[joebrook]

I think south Korea will  become just as crypto friendly as Japan soon. Good news!

They are without doubt following in the steps of the Japanese in their step to regulating and legalizing the currency so that they can make money from those who trade in it since they consider the currency as an asset.

[damsix]

great info and could be the price Cryptocurrency was up, especially for Bitcoin.

I'm sure Koreans will definitely get rid of Crytocurrency because they're a developed country for a new technology. Korea also has its own Exchange called Bithumb, so cool Korea!