South Korea Opens Doors for Cryptocurrency

[Ava Duvall]

A good decision of Korea. Korea has always been in the forefront of economic and technological development in Asia and is now Crypto. A good way for the future ...

Yes! now there are so many opportunities and Asia, as in cryptocurrencies is blooming! this will let the market grow and improve and set an example to others

[Chorsday]

Next will be China! Just wait for it....

[nicko122]

Good news for cryptocurrencies. Everyone remembers how Korea banned the cryptocurrencies at the beginning of the year and what it led to. I hope this does not happen again and China will also open its doors.

[jojohamasa]

I think this news is very good news
Because it removed the uncertainty
Because government decisions on the governance
 of cryptocurrency activity are sensitive decisions by nature
I see it as a step on the way of rationing cryptocurrency  in South Korea
Other countries will move in the same direction soon

[bachus]

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!

If that would be true I think it is a good sign for us, because before that I was hearing about Thailand and Philippines those are the minor countries, what South Korea is a major one to accept it.

[Thecryptocurrency09]

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!

Every time a country opens opportunity for bitcoin is really is a good news for us, much more to our very own co-bitcoin users in a given country. And here goes South Korea. I believe that South Korea is a very influential country that it turns out to be a great thing when it comes to interconnecting and bannering bitcoin goodies.

[sitnibtc]

Probably within the next 5 year we will see more and more countries going the same way as south korea. Worldwide adoption for bitcoin is now fast approaching.

[esteam008@gmail.com]

If you are right then it indicates that South Korean government has realized that they cannot stop people from using crypto currency and people will always find a way of using crypto. I don't have any issue for the laws that are placed by the government as it will allow its citizens to freely hold and use crypto currency.That is a good and useful news currency

[xXBEVOXx]

It was very meaningless for the far east countries to stay away from this market. South Korea has opened its doors through tax. This is very pleasing news. I think investors in that country will accept the tax rate. As a result, it became legal. In a way, the far east will revive the market. Perhaps China will accept this situation in the future.

[joelou]

Well This is very good news! For crypto currency and for everyone because many people and user will be enter in this industry.and I hope soon there's a lot of country again willing to open for bitcoin.

[Maiscoinyelo]

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!

Good to hear that South Korea opens door for cryptocurrency. Many investors in South Korea will now invest in bitcoin and many people in South Korea will earn bitcoin. I hope all country will open door for cryptocurrency because it makes their economy better.

[bubble pop]

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!

On the off chance that you are correct then it shows that South Korean government has understood that they can't prevent individuals from utilizing digital currency and individuals will dependably discover a method for utilizing crypto. I don't have any issue for the laws that are put by the legislature as it will enable its subjects to uninhibitedly hold and utilize crypto currency.That is a decent and helpful news money

[Kuchiyose]

Well This is very good news! For crypto currency and for everyone because many people and user will be enter in this industry.and I hope soon there's a lot of country again willing to open for bitcoin.

Some countries in Asia are very open Bitcoin and there are some countries that do not and very hate Bitcoin.

[Phlaser]

With more countries embracing Bitcoin and the blockchain technology to be used freely, the more stability we will.experience in the Cryproworld and effective use of various installed ATMs in countries to carryout buy and sell with ease. The world seriously need to embrace Decentralization in order to enjoy financial libration.

[Missterio]

It's a good news. I think that this will give a good impetus to the development of the Crypto-currency.

[Phlaser]

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!

Obviously the South Korean meant business and they are very keen in achieving the dream of a crypto friendly econony by 2019. Huge sum of money in trillions behdgeted for blockchain technology. This is huge and I must salute the doggedness of the government.
https://www.ccn.com/south-korea-budgets-a-trillion-won-for-blockchain-tech-in-2019/

[Zigzagkuy]

This is good news and I hope that the crypto market will recover and there will be an increase in the near future. I hope that happens because I have waited long enough to increase. surely Korean investors will try to invest again in Crypto. This will be good.

[JackNecessary]

Earlier, the bill banned the Bitcoin deal by the Ministry of Justice, which had mixed results, causing the cryptocurrency market to falter because South Korea was one of the "big guys" in investing in electronic money. Recently, representatives of the Green House - the official presidential office of the president of South Korea has just announced that there will be no more bans in the country for Bitcoin or codec transactions. Thus, the law of the former Justice Minister on the ban on Bitcoin transactions was rejected

[rajkr]

Good news for crypto world.Now more country will do the same.

[biskitop]

the South Korean government shows a positive attitude towards crypto. even the government of soul will plan to make their own coins.