GOOD NEWS!!! South Korea on BITCOIN

[noisybit]

that's very good news, and my hope for the future will have a good impact and will further advance bitcoin to be even better

[romantic007]

It's good because finally South Korea is moving towards dealing with crypto legally, and that's what we all want. Having another Asian country in crypto is great.

[pavka]

It would be just fine if other countries followed the example of South Korea with respect to the crypto-currency. This would encourage the development of digital money and technology blockchain.

[Timmzzy]

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/

To be sincere I love to hear Good news regarding bitcoin and other Cryptocurrency, which really give hopes that bitcoin is here to stay.

[Iceblast]

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 the news will give effect to cryptocurrency, I think there will be good things from bitcoin. we can see if South Korea is one of the biggest bitcoin users in the world. maybe it will definitely give a different effect.

[jtrapirap]

This is indeed a great news to the whole cryptocurrency community, one step milestone for Bitcoin adoption. South korea is considered one of the progressive asian countries in the world and hoping this move may motivate/inspire other countries to accept this mainstream technology. I hope this may give extra boost to cryptomarket as well.

[Raggie]

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/

really? what a good news. As we know, South Korea is a country that is developing its economy today. I hope this will be a good thing when South Korea has used bitcoin. I hope they give good influence

[Kasliono]

This is a good news for bitcoin future, when all of countries in the world are doing the same, then bitcoin will be a world currency, and we don't need bank and Money changer anymore. Look how easier when we are going to travel around the world, just only bring one currency, bitcoin.

[kendra1107]

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/

Acceptance is a major factor in increasing value. As more and more countries/governments and major business players accept Bitcoin or cryptocurrencies as a whole, legitimacy and credibility will increase as these two are contributors to value. Though regulations are being placed for safety and security in order to protect a nation's citizens from fraudulent acts, this I think is just a small concern which will eventually result to a better picture of the whole scene. I believe that great things are in store for this system and all we need to do is make wise investments and patiently wait.

[OSYA]

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/

That is promising news. The South Korea government is smart to take such action. It will protect bitcoin owners from scammers, hackers and give them more safety and confidence.

[gheawari431]

This is a great news for Bitcoin because the interest of the government from an Asian country like Korea has had a positive impact on cryptocurrency. We will also hope that other countries expand their understanding of Bitcoin.

South Korea has a very advanced perspective on bitcoin, especially blockchain technology which is a decentralized technology that runs Bitcoin. Blockchain is revolutionizing the way the internet and banking work, so it needs to be anticipated from now on. Regarding the lack of bitcoin, a solution can be slowly found. South Korea gives an example of a nation's perspective in addressing the latest technology.

[Colan Zolo]

One policy that helps crypto lovers to continue to trade, this is positive news and very useful, especially the progress of better technology.
Until now South Korea has begun to follow the development of bitcoin which has good fame and value as a future asset.

[Tahir460pk]

That's a good and great news that south korea legalised the bitcoin and give them full authority this is good for both authorities and also for the investors because now their trust is more strong and more promising for it.

[cpoer2011]

That's very good news that South Korea on Bitcoin now. This means that more Asian country is accepting bitcoin and hopefully it will spread to the county in all over Asian since there are many countries in Asian still not accepted Bitcoin including my country.

[ufalo3]

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/

That is promising news. The South Korea government is smart to take such action. It will protect bitcoin owners from scammers, hackers and give them more safety and confidence.

Sure that many of the countries will soon follow the example of South Korea. This is a country with the great technologies, and Bitcoin will help it to even more prosperous.

[Cryptomania843]

This is exactly good news if South Korea wants to deepen in cryptos. It is true that Blockchaine offers so much opportunity that countries will be forced to crypt. Cryptocurrency is a revolution and its beginnings are difficult but in a few years we will not be able to do without it.

[Phoenixhall]

That is good news, and my hopes for the future will have a positive impact and will continue to promote better bitcoins. Now and again, the Financial Services Commission and the Financial Supervisory Service acknowledge that the government has no wish to manage pre-financing for fear that speculators will understand that that is the legitimate online advertising of government money. The presentation of the new antagonist of illegal tax evasion rules for the Korean government's e-commerce phase is seen as the beginning of the experts to direct the nation's electronic money exhibition. . It's good that Korea is finally coming to terms with the legitimate code, and that's what we all want. It would be better if other countries follow Korea's example for electronic money. This is really great news for the entire electronic money community, an important step for the application of Bitcoin. I hope this can provide more boost for cryptomarket as well.

[Kesari]

This is good news for the development and future of Crypto. the increasing number of countries that legalize crypto currency will increase the number of crypto currency users. so that it will encourage growth in demand volume for the crypto currency. and will have an impact on rising coin prices on the market. and crypto trading volume will increase as the crypto users increase. and we can use crypto currencies to transact more broadly.

[florianuhlemann]

I do not see a fundamental basis for such growth, so I think that such phrases are only needed for the popularity of the one who says it

[Jocuserious]

Read it this article absolutely this is fantastic news of the crypto market.i think some countries government want to decide how accept bitcoin world. Actually proof it now few countries government already accepted Bitcoin market.hope Bitcoin market will accept available every countries.