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ansi
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March 10, 2020, 03:37:23 PM |
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We all know that Korea is one of the biggest crypto community, so such legalization means a lot to the whole cryptoshpere. My personal prediction is that BTC is just waiting the next BTC Halving date to start the next bull run, it won't be as fast as late 2017 first 20018, but it's gonna be profitable & have decent ROIs too.
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sujonali1819
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March 10, 2020, 04:05:31 PM |
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IF the news would correct then really it is very good news. and the market could be influenced by this news. But I am not sure about the news completely correct or not. Have you any other source of this news from any trusted websites? Thank you.
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Diamond_Darrell
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March 10, 2020, 07:28:16 PM |
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In fact, this news only says that South Korea has all the resources to collect information and collect taxes from tax authorities. History is as old as the world itself))) at first they will fix it and then "tighten the screws" to such an extent that it would be better not to allow
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antsam
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March 11, 2020, 02:33:22 AM |
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South Korea has long been a big market for Crypto, many large and good exchanges they have. With the existence of this legality will increasingly provide certainty for the crypto business in this country
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joshua123
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March 11, 2020, 02:43:07 AM |
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We all know that Korea is one of the biggest crypto community, so such legalization means a lot to the whole cryptoshpere.
Not just biggest but already have a huge group in crypto community. Iconic and Klaytn blockchain came from these country and see where are they now. It seems holding such coins from their country is a great opportunity. Not to mention those new ones they are building. But I am not sure about the news completely correct or not. Have you any other source of this news from any trusted websites? Thank you.
Almost all famous crypto media outlet has reports of this. You can search on Google and it will pop up most recent discussion about it.
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jossiel
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March 11, 2020, 02:49:40 AM |
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I think it is misleading to say that South Korea "followed the foot steps of India".
South Korea has been welcoming to cryptocurrency even before they have legalized it. The huge exchanges are even orginated there and they have been paired with Korean Won and some of those reports about exchangr hacking too. So before telling that they are only following, I guess it shouldn't be like that, just my two cent.
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Leonardo7
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March 11, 2020, 03:15:43 AM |
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South Korea has been very Crypto friendly no wonder their nation is very moving forward as compared to its Northern counterpart which specializes in weapons of mass destruction. Your blog post didn't quote a source and the blog seems to still be under development.
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Teraboy
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March 11, 2020, 04:46:14 AM |
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South Korea has long been a big market for Crypto, many large and good exchanges they have. With the existence of this legality will increasingly provide certainty for the crypto business in this country
This country is not strictly prohibited the operation of crypto on its own country and that's not a big surprise if crypto will be legalized. We know that if crypto can be another alternative to the stock market. Rather than blame this and it's better for thos parliament to liegalize crypto and take the advantage.
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Arcas
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March 11, 2020, 04:52:27 AM |
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After South Korea legalizes cryptocurrency as currency payment which one country will allow for make bitcoin and altcoin become legal currency payment transaction, most feature if many country want to legal and allow bitcoin as payment transaction.
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senin
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March 11, 2020, 05:14:30 AM |
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In fact, the situation with the cryptocurrency circulation in India and South Korea has always been very different. Although there was no legal regulation of cryptocurrency in South Korea, the government and banks at the same time did not pose any obstacles to the cryptocurrency circulation. It has always been accepted that South Korea is one of the most cryptocurrency friendly. The current legislative amendments have only legalized the actual state of affairs regarding cryptocurrency. At the same time, in India, we saw a sharply negative attitude to cryptocurrency on the part of its central bank. Last year, a special cryptocurrency study commission set up by the government recommended last year that the cryptocurrency should be completely banned in the country and a ten-year prison term for its illegal use should be established. Until now, the Government of India and the legislative body of this country have not expressed their attitude to cryptocurrency and have not adopted any legal acts against it. Therefore, the expression in the text of the article that South Korea followed in the footsteps of India is actually not true.
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shaheer001
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March 11, 2020, 05:42:05 AM |
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SouthKorea is big market for cryptocurrencies and this is really good news for all crypto investors and especially for Korean people as Crypto is the next-generation digital currency.
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Kunnu
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March 11, 2020, 06:14:36 AM |
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If South Korean government legalized cryptocurrency with strong regulations then it is definitely praiseworthy decision as we know that South Korea is well developed country so I think somewhere this decision of South Korean government will help a lot to grow the economy of this country hopefully after all of this the country will be more progressive.
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JeotQ
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March 11, 2020, 06:17:18 AM |
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Personally I like investing or promoting projects from Korea because they are very serious with blockchain technology and also China too, I'm glad this is happening right now, first was India and South Korea, crypto is no doubt getting stronger
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aioc
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March 11, 2020, 07:07:44 AM |
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Not really surprising considering that they have been so liberal in adopting Cryptocurrency ever since, there are just one of the many countries that are going to adopt it, and many more are coming and this is what will fade for the majority of countries to adopt Cryptocurrency, top players in the industry must first legalize it.
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samcrypto
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March 11, 2020, 07:16:48 AM |
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South Korea has long been a big market for Crypto, many large and good exchanges they have. With the existence of this legality will increasingly provide certainty for the crypto business in this country
There's already the adoption even before this legalization but before there's a lot of exchanges that is not secured for them so I expect this regulation can tighten the security of the exchanges and can help secure the interest of the public. South Korea is doing their best to adopt cryptocurrency, with all the challenges that we have right now I just hope for more countries to adopt. I'm waiting for my own country to make the legal statement about cryptocurrency adoption, it will be big if this thing happen soon.
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Diamond_Darrell
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March 11, 2020, 07:44:24 PM |
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In fact, the situation with the cryptocurrency circulation in India and South Korea has always been very different. Although there was no legal regulation of cryptocurrency in South Korea, the government and banks at the same time did not pose any obstacles to the cryptocurrency circulation. It has always been accepted that South Korea is one of the most cryptocurrency friendly. The current legislative amendments have only legalized the actual state of affairs regarding cryptocurrency. At the same time, in India, we saw a sharply negative attitude to cryptocurrency on the part of its central bank. Last year, a special cryptocurrency study commission set up by the government recommended last year that the cryptocurrency should be completely banned in the country and a ten-year prison term for its illegal use should be established. Until now, the Government of India and the legislative body of this country have not expressed their attitude to cryptocurrency and have not adopted any legal acts against it. Therefore, the expression in the text of the article that South Korea followed in the footsteps of India is actually not true. Thanks so much for the info on the Indian crypto issue. A ten-year prison sentence is certainly very cruel.
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kbhutto
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March 11, 2020, 07:54:24 PM |
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this is great news for the crypto community around the world not just in South Korea. There have been two countries this month that have legalized crypto in their countries, especially India and South Korea. we hope that with the increasing support from the two countries, other countries can follow the steps to legalize crypto. I hope this news can trigger an increase in price BTC and altcoin.
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ATSgrowth
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homt.net
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March 11, 2020, 09:38:34 PM |
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India, South Korea, now it is time for the China´s decision. We need such good news in a time of bad market sentiment, when every crypto crashes due to stock market collapse.
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zulfi125
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March 11, 2020, 11:26:52 PM |
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This is a good step for the crypto community and coming month we will see more counties will legalise crypto because of future demand and future will be the digital currency, and this good news will grow the volume and prices of BTC.
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