GOOD NEWS!!! South Korea on BITCOIN

[Turkish88]

Korea was the biggest place for cryptocurrency exchanges.
Its good what bitcoin now official there

[andrino]

South Korea really did great. It seems they are looking for the bright future and seeing the assurance of crypto success in the proper time. They can manage such crypto world of business and actually they are also transparent.

[aladlanie04]

south korea commercial banks in south korea own nealy $2 billion in crypto like bitcoin and ethereum , south korea regulates bitcoin  and surely adopts main stream now in institutions and all over  soon  the people of south korea moving into technology and crypto world but whereas some countries still hard on bitcoin.

[bitbitcoincoin]

Wow great news for Bitcoin  It will more in fact to the current price, Now most of the government recheck their decision because blockchain technology is the future, All should move on to blockchain and most of the still late but Korea Government took the right decision

[rolls89]

This is indeed a great news if Korea is moving towards acceptance of Bitcoins.Atleast Korea has accepted the power of Bitcoin,other countries should follow suit.Because it's a win win situation for both the economy of the country and Bitcoin too.

[Wakkocu]

This news is big in fact for Bitcoin, Because according to market data sources, the South Korean Bitcoin exchange market processes over 14 percent of global Bitcoin trades, the third largest market behind the US and Japan, Finally South Korea get the right decision,

[Akenosi]

Good news indeed,we all know what we needed now in cryptocurrency is strictly regulation and hope other countries too will implement it...

[spadaccino]

We need this good news more often so BTC can recover.
Such a big blogs like everyone know, I think can manipulate the price just report a news and right away people from all around the world start to take it in consideration without thinking twice and begin panic buy or sell.

That is not what it was supposed to be.
A good project is just good not matter how and what

[market-beta]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

it seems that this heart becomes happy gan after fresh breeze that blew back. whether this news and. what is in the South Korean government's lagukan able to make the price of cryiptocurrency to be better than now .

[Abete]

South Korea really did great. It seems they are looking for the bright future and seeing the assurance of crypto success in the proper time. They can manage such crypto world of business and actually they are also transparent.

not just great, South Korea is worthy of applying bitcoin transactions there, plus Korea has a good market in Automotive and Electronic, Bitcoin could be a means of transaction to buy goods such as automotive and electronics. If that happens, I support 100% of this step!

[BelieveInBTC]

That's some good news. If South Korea decided to restrict Bitcoin then it would be disastrous. There are many investors in Asia which seem to understand the potential of Bitcoin and other cryptocurrencies. I don't understand why would they change their policy. People investing in cryptocurrencies and living in South Korea would be probably mad at the government because of the sudden change.

[adrianto1995]

ahh, that's a good news...
Another right decision by the government of South Korea, I hope this news can make the huge impact on the crypto market. Also, I hope other countries will follow too...

Can't wait for the results of this decision, I hope it can make Bitcoin price back to $10000 again...  

[Kittygalore]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

What South Korea did may have a huge influence to other countries. The government want to regulate it, then so be it as long as it is in favor to the investors or just a win win situation. It is a huge help in the crypto community in order for the bitcoin valie to rise again, not just bicoin but other coin as well. It serves as a good advertisement.

[AliMan]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

I think its a wise decision from the governments of South Korea that try to considerating the advantages of Bitcoin. Right now, despite the pros and cons that come along with bitcoin the number of country that want to accept and legalize bitcoin is increasing slowly, and i am happy to hear that. Let's hope that there will be more country that will accept bitcoin.

Opening my bitcoin account then reading thisthe kind of news is really motivating. This is just a proof that bitcoin is getting known all over the world. I think this must prove that the system is very trustworthy and should be tried. Other countries must accept bitcoin and agreed that this is a legit currency. One day will come that all the world will agree on bitcoin.

[Ahimoth]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

I think its a wise decision from the governments of South Korea that try to considerating the advantages of Bitcoin. Right now, despite the pros and cons that come along with bitcoin the number of country that want to accept and legalize bitcoin is increasing slowly, and i am happy to hear that. Let's hope that there will be more country that will accept bitcoin.

Being involved in this system always makes me so proud every time a country accepts it. Those country that accepts bitcoin proved that bitcoin is a trustworthy system. It's just so inspiringI every time I read news like this. I hope one day will come that bitcoin is being used all over the world wherein all countries and no exemption.

[maxreish]

Very nice news again about bitcoin, I hope all countries will also do this in thier own, and because of this event in South Korea is definitely have a good effect especially on the price of bitcoin in the market.

[Sakibhasan.bd]

Thanks for a good news that, "South Korea taking their move on regulating Bitcoin"
I am hopefully about it. According this step bitcoin will achieve a good position. I think that in future many country also will accept bitcoin.

[TheGodFather]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

If you can think and see about it bitcoin as a whole has been on a much more encouraging level in the Asian regions far kore than the west. Woth this countries such as Japan and now South Korea has really been taking an encouraged step towards i troducing blockchain and the whole of the cryptocurrency onward to integrating it to their country. With that I can really hope that regions and countries succh as this be the standard for the world in the next fee years

[Johnzky]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

This has been posted weeks ago and this is not a new thing to celebrate,though this is a good news but this is too late to broadcast as press section has thwo thread regardin this,i dont know this people seems like not updated on what is happening to their community so sad to be with this kind of people

[audaciousbeing]

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

If there is any take out from this is the fact that times are changing and more countries are being receptive to the way they see crypto currency. The moment they are regulating bitcoin, it is by extension affecting the whole crypto industry. What matters now is to wait for how the regulation is going to run out because the article is just about what is to come and not what it is and that is what we should be focusing on now rather than rejoicing about what is yet to happen. Eventually, several countries would have to follow this path that is why I pity those who just decide to go the route of ban when they could have been the leading country in the technology of the future.