The South Korea taking their move on regulating Bitcoin.
The governments 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 good news anyway if really are get the news from a right source because many people have been post or creating similar post just merit or signature sake, so I think it very important to get a news from a right source before spreading it to avoid misleading people with your post just .
Bitcoin's virtual currency continues to be a conversation on the world's financial markets. Moreover, the bitcoin exchange rate continues to soar to hundreds of millions of rupiah. Still, there must be a study related to bitcoin, even though it's not now. Because in the end untrust appears with those who make this bitcoin
A number of countries in Asia began issuing restrictions regarding the circulation of cryptocurrency such as bitcoin, ethereum, litecoin and other types. This includes South Korea. impose a ban on digital money movement which was sparked by Satoshi Nakamoto. the South Korean government is indeed a fanfare wanting to ban. This creates 'fear' for holders or people who use this virtual currency transaction.