South Korea Opens Doors for Cryptocurrency

[mfyilmaz]

I indeed think that this is good news for crypto world and it will make a step forward to a cashless crypto payment environment. I think the more people adapt bitcoin the more we will profit all from it so south korea making bitcoins legal is a step to the right direction and makes me hope for other countires to take action aswell and open borders for crypto especially china and usa...

[1714696588]

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[Vicrey]

I indeed think that this is good news for crypto world and it will make a step forward to a cashless crypto payment environment. I think the more people adapt bitcoin the more we will profit all from it so south korea making bitcoins legal is a step to the right direction and makes me hope for other countires to take action aswell and open borders for crypto especially china and usa...

Yes, it is a good news on behalf of the korean countries , they will legalize crypto currency, also crypto currency can be a source of living in the society of the country who is doing it, It can improve all economic and technological system also the agriculture itself, I think my country should do it too, To ease poverty and have a brighter future.

[Fire316]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

   This is a great news for all korean investors and it can help to pump cryptocurrency market. Hope that other countries also accept cryptocurrency for wider spreading about cryptocurrency so that other people also know about it and be the one among us that invest and use cryptocurrency towards a better life.

[teterinal]

this is good news for the community. i hope in the near future other countries also sees the advantages of cryptocurrency and starts to consider integrating cryptos in their financial system

[steampunkz]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

So bitcoin now is legal in South Korea? Then lets cheers to that mate! As I know there are a lot of crypto exchanges who are based in South Korea not to mention the ICO's and tokens, crypto coins So those individuals will party soon!

[Fappanu]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

This will have an impact on the demand of Crypto Currency especially on Bitcoins. I'm sure that the Bitcoin market cap will rise again and it will rise again from the downfall. So buy lots of bitcoins because of the fact that in the coming months the price of bitcoin will increase.

[Aponkye1]

This is great news to but i wish all other counties could do same and legalize the use of cryptocurrencies within their system.

[bitterdog]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

Its such a great news for crypto market, im so happy that south korea already accepted the market for cryptocurrency. After this, we can hope that will be more country that will accepting crypto as a legal property.

[Btcepoy11]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

Its such a great news for crypto market, im so happy that south korea already accepted the market for cryptocurrency. After this, we can hope that will be more country that will accepting crypto as a legal property.

I heared news that some country are banning bitcoin, but now it's good to hear that there are country support the using of bitcoin. I guess there will be more countries will accept the uses of bitcoin.

[boyshx]

I believe in a year or two we will see the whole world moving in the same direction regarding bitcoin. most of the countries will start off by calling bitcoin things like "commodity" and then setting taxes like this, sometimes higher than it should be and some other countries will see its true nature and see it as a "currency".
in the end the best way is to take taxes from the investors on exchanges and remove taxes from it for those who use it as a currency. basically something like Japan with a lower tax.

We can just imagine that but not necessary that will happen surely. In India the current situation is far stressed out where July 1st and 5th are the final days of the Indian crypto adventure. The RBI (Reserve Bank of India) has declared war against the crypto currency and have stated that they wont be accepting any crypto-rupees (INR) conversion and thus left Indians in the sinking ship.

But, previously Government did stated they will be applying 28% Taxes on the crypto earnings. However, that went into the thin air and instead of that country came with ban against it!

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

Its such a great news for crypto market, im so happy that south korea already accepted the market for cryptocurrency. After this, we can hope that will be more country that will accepting crypto as a legal property.

I heared news that some country are banning bitcoin, but now it's good to hear that there are country support the using of bitcoin. I guess there will be more countries will accept the uses of bitcoin.

I hope Korean's will enjoy their days of legality status of the crypt currency. Unlike India where their own government put the public interest into the trouble. Its more than good news for this country because at least their government has taken care of their public interest.

[Crypto Mark]

Happy to hear that. Regulators in South Korea and also in some other countries like Argentina, Chine, French, German and England support Crypto development.

[KID_28]

Km glad to hear that more and more countries are now willing to embrace the benefits that cryptocurrency has offer on each and every nation. This is angood move from the South Korran governement. I hope Philippines will be soon open to this kind of change.

[Morvarid89]

The country of Korea has always supported the crypto. Here btc prices are higher than the global market. The difference is from a few hundred dollars to several thousand dollars

[coromabur]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

I hope this is good news for bitcoin prices to go up again, and I also hope other countries also legalize bitcoin to make it easier for investors and for a good future for cryptocurrency.

[KeijiN]

We need more of this great news about blockchain and worldwide acceptance, then it would attract new investors to came to the game. And the price would recover

[Raufjoze]

Nonetheless there will be rules, as long as the investor is free to buy and sell crypto, that's almost true actually. It's just good news. More and more countries against bitcoin or cryptocurrency will soon emerge with South Korea and receive it

[Falmera]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

Wow, this is a good news for all of us. There will be more people trusting crypto currency. Thus, there is a big possibility of higher price for crypto currency. I know some Asian countries will soon legalize crypto currency too.

[Yatsan]

Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!

Apart from this, they will also make their very own centralized cryptocurrency. That will be regulated by their country's economic sector. Rumors say that the coin will be called "S coin" and they plan to develop it to the point that it can be used for micro-transactions, much like what bitcoin is originally intended to be, except it is primarily enclosed in their country.

[btharry]

South Korea has long supported the development of the BTC, with several state-backed crypto-trading exchanges that trade much more in South Korea than in the stock market.

[mmo_online_1981]

Possibly, at present, national policies for Bitcoin and altcoin are very different, requiring more time for all to see bitcoin positively!
I hope this will happen soon!