hankyung.com
>Governmemt official said "Cryptocurrency is a fraud and pseudo-currency" and considered same level of treatment of 'pornography'. (Which is strictly illegal in South Korea)
Also they said they'll outlaw sending money overseas for purpose of bitcoin transaction.
Faster news than western media
inb4 20000 per coin
nothing good has ever come out of this shithole country
just let NK nuke worst korea already
This is because they aren't part of Best Korea.
KEK
Virgin manlets will suffer against the Chad Kim in the long run
China was only 10% of market but it was 50% dip. Korea ban will take us to January prices.
More for us to buy
Back to 3k
>the absolute state of bitcoin maximalists
this, best korea is probably running thousands of farms right now, they used to produce meth on industrial scale, crypto is obviously far more lucrative.
Time to sell
South Korea is a pretty terrible country when you think about it
They make nice movies but deep down they're one of the worst east asian countries
wall street want to play their filthy future game
South Korea responses by outlawing Bitcoin
id be good choice as its same as avoiding taxes if you can buy anything of value
and like right now when you cant its just a pyramid scheme
hi pajeet
sell low buy high
good.
what's the deal of plastic epidemic there anyway?
why do people think cellophane is attractive.
title : Government is considering outlawing of cryptocurrency transactions in South Korea
"Bitcoin exchanges are turning into a place for speculation", There would be regulation by next week, Banks not allowed to transfer its money overseas
As bitcoin price explosively arise, the government is considering regulation pertaining to cryptocurrency transaction. (picture of bitcoin exchanges)
The government is considering complete outlawing of cryptocurrency including bitcoin as it being de facto gambling and contains possibility of future fraud and ponzi scheme. But there are critics that it would kill off future of this new industry that has massive amount of potential.
At December 8, A government official said they are considering while claiming Cryptocurrency as legally 'psuedo-currency' and fraud that dazes people. and he also said "Treating cryptocurrency would be considered same level of threat of porn producing (which is strictly illegal).
Other government official also said "even if it's not complete illegalzation, The government is willing to eradicate this speculation by making exchange 'uncomfortable'."
Pertaining to this issue, Ministry of justice leading "Cryptocurrency Task-force" is seeking its legal base to outlaw cryptocurrency exchanges. An official said "It is possible to deregister If an exchange registered as a online selling company damages investors." and "We are also considering to legislate a law about illegalization of crypto-currency if it is needed."
Ministry of Strategy and Finance recently banned oversea transfer of over certain amount of money to overseas. A bank insider said "We are ordered to check whether it's about crypto-currency or not every time if there is a word 'bit' on account name."
I'm not good at English so tell me if there are grammar errors.
>"hahaha i'll buy ALL the bitcoin!! I WANT IT ALL!"
>no one else wants it
>has no value
buttcoiners can't comprehend this
Thank Roger "Bitcoin Jesus" Ver and his fake Bitcoin BCH pump and dump scam for this, guys. He belongs in prison.
I thought it was picture of brainlet wojak at first glance on thumbnail.