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Author Topic: South Korea has now recognised cryptoexchanges as regulated banks  (Read 121 times)
Bumblecoin
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July 12, 2018, 11:54:43 AM
 #21

Great news that South Korea has now taken the decision to recognise crypto exchanges as regulated banks - a fantastic piece of news for anyone who has an interest in crypto and it's future; and also great news for us here at CCRB, as we work towards further developing our very own exchange, CCRBX. Read the full article on the CCN website https://www.ccn.com/breaking-south-korea-is-officially-recognizing-crypto-exchanges-as-regulated-banks/ or visit CCRBX at https://ccrbx.io/
So, this is another great news for all of us here. I know there are more countries to join too. And so it is expected to have a bull run soon. Let us just wait for this to happen.
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July 12, 2018, 12:16:17 PM
 #22

Great news that South Korea has now taken the decision to recognise crypto exchanges as regulated banks - a fantastic piece of news for anyone who has an interest in crypto and it's future; and also great news for us here at CCRB, as we work towards further developing our very own exchange, CCRBX. Read the full article on the CCN website https://www.ccn.com/breaking-south-korea-is-officially-recognizing-crypto-exchanges-as-regulated-banks/ or visit CCRBX at https://ccrbx.io/
The step made by korea will have a big impact to cryptocurrency or in bitcoin itself, as we all know if you mentioned the word cryptocurrency, bitcoin will pop in your mind, so bitcoin will probably gain more popularity with this regulations made by koreans. This may also influenced other coin to accept and just regulate the usage of bitcoin and forget about banning.
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July 12, 2018, 12:17:11 PM
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I am also excited about this news, especially after all the reports reflecting the real fact that China now is practically a crypto-free state. I think that more states should open their doors for cryptos.
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July 13, 2018, 07:01:22 AM
 #24

Currently the South Korea has recognized the crypto currency exchanges as regulated banks. Very good news for the crypto community.

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July 13, 2018, 07:21:32 AM
 #25

This is a good very good news. It means they have now accepted the reality of cryptocurrencies. I don't see them ever banning it again. This may also serve as encouragement for other Asian countries and the world over to accept cryptos.

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July 13, 2018, 07:45:03 AM
 #26

Very good news
Because South Korea is one of the Asian tigers with a strong economy
I think other East Asian countries will follow South Kore
a

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July 13, 2018, 04:33:11 PM
 #27

Wow thats an incredible news. I am really happy to know that. Its really great that day by day many countries and companies excepting cryptocurrencies and supporting it. South Korean people will be greatly benefited by it.
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July 13, 2018, 08:25:56 PM
 #28

That's such a great news ! It's good to see the countries gradually opening up to cryptocurrency. It is expected that many more countries like South Korea would recognize cryptos as regulated banks.
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July 15, 2018, 11:57:30 AM
 #29

What if the government begin to use such Exchanges to delist coins they don't like or don't follow government rules?
Stuff like this only helps to defeat the goal of having a permissionless  Crypto World.
 
"When purpose of something is not understood, abuse is inevitable"

I think we will learn the hard way.


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Tranghoangvani
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July 16, 2018, 09:12:13 AM
 #30

Great news for Korean citizens. Bitcoin is having a good job although there are some price issues. That's really great. But are you ready to change the bitcoin to Won?
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July 16, 2018, 10:49:32 AM
 #31

We see a great progress for the crypto community. we see more and more countries adopting cyrptos. I hope other countries do this also and see a future where bitcoin will be legalized all over the world.
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