Post
Topic
Board Bitcoin Discussion
Re: Will South Korea become the World Bitcoin Special Zone?
by
fanji
on 10/10/2018, 16:36:34 UTC
Gov’t of South Korea is Endorsing Crypto and Blockchain Like No Other Region

South Korea is leading an example of being the world’s most hospitable regions for crypto and blockchain entrepreneurs. The world’s eleventh-largest economy has committed a $100 million fund to develop its capital Seoul as a center of blockchain innovation. Park Won-soon, the third-time governor of Seoul, during his visit to Switzerland’s Zug last week, revealed that...

https://www.trackcoinmarket.com/en/crypto-news/32399/govt-south-korea-endorsing-crypto-blockchain-region
South Korea's country is not the only paradise for Crypto entrepreneurs , you can see In Singapore, cryptocurrency exchanges and trading are legal, and the city-state has taken a friendlier position on the issue than regional neighbors. Although cryptocurrencies are not considered a legal tender, Singapore’s tax authority treats Bitcoins as ‘goods’ and so applies Goods and Services Tax (Singapore’s version of Value Added Tax).