South Korea to 'completely ban' crypto exchange

What did he mean by this?

They are right tho

Good thing all the best exchanges dont exist in Korea.

why would a country ban crypto when they get assloads in taxes in return? surely this is way better than just giving out welfare and foot stamps to everyone

Little do the know that crypto can't be banned unless you get rid of the internet

If you(probably moon jae-in, current president of South Korea) close it, the ants(individual investors. It's widely spread word among Koreans) go to Han River (= kill themselves).

No, they arnt. Its not a bubble until alts make up 90% of the market. I would look to next year for a possible bubble burst. Its also got to be over 3 trillion as well.

Park needs to come back from the dead and kill these commie faggots

Leftists don't give a single fuck about taxes. do you wanna know why? 'cuz they seriously believe free lunch actually exists.

Fucking retard logic. IT IS A BUBBLE ALREADY AND WERE GOING DOWN THE BACKSIDE OF IT

Yeah. But politicians are not elected because they are competent. These guys probably refer to the cryptomarket as "BItcon".

>millions of peopl will do what they want with their own money
>we most stop them!!!

Governments ladies and gentlemen

don't underestimate what the socialist president is capable of

is this legit?
i've read in another thread that it was just a proposal
i'm 100% in ICX holy shit

government will:
>ban crypto exchanges
>arrest people selling person-to-person
>force banks to close accounts that send to crypto exchanges
>force ISPs to not connect to exchanges

can't be banned? please, idiot..

Thats the problem with communism. Here in Capitalist American, we are good with crypto, because capital gains. The IRS loves getting a cut of your money. I hope to see more regulation around exchanges complying with tax code for this reason.

> Han River (= kill themselves).
I thought it meant they would move to China.

Guys, do I sell my ICX? I’m balls deep

South Korea is not communist, mongoloid

Pump!!! Discrod PPUMP GROUP! discordapp.com/invite/vCk2ke

its over guys

gg

No one cares faggots, cant even arbitrage in that fucking overpriced piece of shit market. They are not even included in the coinmarketcap.com anymore.

Banning exchanges will just make these degenerate gamblers like people in Zimbabwe (higher prices than Korea).

I thought asians were supposed to be smart.
Even fucking EU officials say the crypto market is too young to regulate.

They are about one step away from it. Close enough in my book.

So BTC drop coming soon then?

>crypto can't be banned
yes it can, it can very easily be banned
all you need to completely destroy crypto is for the US to ban it
Any banks that deal with exchanges would be barred from using the US banking system, banks can't afford to lose that so all the banks worldwide will comply immediately this will make most alts go to 0 and the big boys will all go to 2 digit values at best

What are the taxes on crypto gains in worst Korea?

Yeah more regulation gud
I'd love to see my 10x gains turn into boomer cuck stock market level """gains""""
Kys statist shill

This looks like the same news from a week ago with the ministry of justice. They're proposing a bill. No real plans to close exchanges as far as I know.

no, it's already priced in

Just read the article,
It says that Korea is considering regulations for crypto because they think that if it bursts in an unregulated fashion it will lead to a lot of losses and pain for investors.

If the government is getting a cut, they wont do anything to reduce their cut. You have to think more moves ahead then a nigger.

>The Ministry of Justice will set up its own bill, which sees the virtual money brokerage itself as illegal and completely closes the exchange, and plans to start full-fledged ministry discussions this week.

Sounds like they've made up their mind

Redditfag triggered

it is communist. The communist party has control at the moment.

>This is what democrat socialist politicians that hate money do desu
yes, but without rules libertarians take insane and stupid risks. There needs to be a balance and you should consider the other side of it. How are your actions affecting the lives of others?

so how does that work
family kim has their life savings invested in crypto and now the gubbamint tells them it's illegal
now family kim has no life savings any more
thanks gubbamint?

Any Koreanbros here know anything about the South Korea's decision on banning crypto?

lol ... comparing 1x smol ching chong land to whole of europe (who are known to be insane slowpokes on anything)

kreeeans are likely going to allow only trading with verification either way - bad days for cryptoshit

coindesk.com/south-korea-sets-date-for-anonymous-crypto-trading-ban-report/

> South Korea Sets Date for Anonymous Crypto Trading Ban: Report

>Asia
>more conservative and rigit traditionalists than even the hardest stormer
>leftists
You're so retarded it actually hurts being on the same board as you ignorant american

socialism is not communism you dumb shit

>without rules libertarians take insane and stupid risks.
man investing in libertarian dream economy hates libertarians

>outh korea is gonna go into a meltdown.
get it guys its a nuclear joke ahha

빨갱이정부 you stupid fucktard

Hello, since you used BTC which are not fungible, we found out that most of your coins where used in crime related matter. We utilized forfeiture to take this crimecoins in. Thanx for your 398 BTC. your IR$ and FBI

He's right though
Both are linked but one does not make the other

It's also China who's being negative against Crypto, that's a lot of azns.

>le asia is conservative meme
Kys

Theyre regulating it. The only problem is the minister of justice is against crypto citing "addiction" and "bubble". Its the justice dept. proposing a legislation to ban exchanges in korea.
pic related.

you don't even know what you're talking about small penis gook
study some history first

no one said it did, i flat out said a communist government.

How much you wanna bet he's taking in a lot of donations from Jews.

>plebbit plebbit pleb pleb pleb
you aint gook, no wonder you dont understand.

whoa you just linked a picture that displays a handful of people being pro-LGBT! this is a powerful argument, how could the other side respond to this..

in truly Conservative countries, gays are shot on sight, which is normal

So how are poltards gonna blame Jews for this one?

...

judaism is a religion, anybody can be a jew? i doubt it's hard to do

its actually pretty hard

jewishness is passed 'from mother to child' (regardless of the father)

so father jews who marry non jews have non jewish children, sort of

Hey, its just a coincidence. :^)

Jews are an ethnic group. Israel accepts people based on their genetics, not their faith. If anything atheist Jews are more harmful than the ones who actually practice their religion.

you're wrong
Israel recognizes orthodox conversions of goys and they can make aliyah
you have no reason to spread misinformation like this

Then why do they deport and sterilize African "Jews?"

Or we can have the world of Socialism where people are afraid of their own shadows because risktaking is REALLY taxed heavily.

Jus checked my protifolio.

Down by 1.2%

I´m fine :)

Gooks can't invest without government supervision. They're idiots who can't control their FOMO. They buy high and sell low. We've all heard stories about Korean kids who die after playing video games for days non-stop. They have a bad addiction problem because in their culture THEY DO WHAT OTHERS ARE DOING.

>Using SWIFT over Ripple

Retard

ICX IS DEAD!!!
AAAAAAAAAAAAAAAAAAAAA SELL SELL SELL!!!!
AAAAAAAAAAA

What's with the asshurt redditors defending Jews on Veeky Forums lately ?

You fucking moron don't talk about subjects you have no understanding of.

This is about ONE specific exchange that had illegal activities going on. The article are about the regulations regarding exchanges, this is old news and was to be expected

no one was ever sterilized, those injections were temporary birth control.
the deportation was a separate issue.
He was a convert yes, but there was reason to believe he had converted solely for economic purposes.
>everyone who disagrees with me is reddit
you're an idiot

SWIFT is LINK

Once this hits the news we are fucked

Libertarians get the wall.

Decentralized currency is a socialist construct to be used until we can abolish currency all together.

Stalin did nothing wrong

>voting socialism
When will people learn?
Taiwan legalized gay marriage. Democracy makes countries become leftist degenerate wastelands

>South Korea
>highest circumcision rate in Asia
They got jewed hard

America influence != Jewish influence

ah, the "degenerate" meme, any evidence that the things you call degenerate are actually bad, without invoking the big man in the sky?

In what dystopian world are you living that person-to-person crypto exchange can possibly be regulated ? They can't even get rid of drugs how are they gonna monitor for digital currency ?

>we don't want people to lose money from a crash
>so lets create a situation that will force a massive crash in the market
P O T T E R Y
O
T
T
E
R
Y

>banning technology

How to fuck your country in the ass 101.

>socialism
>decentralized

Neck yourself

*crickets*

maybe your computer is broken but that one's been answered on my screen

The american elite is half jewish despite them being just a tiny part of your total population. Hollywood is full of jews

Fuck off soyboy, back to kekddit

i wonder how you justify this, do you think they just pass all the jews knowing they're jewish even if they do poorly on their finals?

>ants kill themselves

No faggot this is what ants do on a river

youtube.com/watch?v=A042J0IDQK4

We will fucking survive.

It's a fact that they ask different GPAs according to the race of the students.
>Homepage

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Lloyd Nimetz

Serial entrepreneur, educator, investor, milonguero, dog-lover and co-founder of Uni Prep

Aug 24, 2017

The “Asian Tax” In College Admissions



(中文) According to research from Princeton University, students who identify as Asian must score, on average, 140 points higher on the SAT (out of 1600) than whites to have the same chance of admission to private colleges. They must score 450 points higher on the SAT than African-Americans. This is the “Asian Tax” that some refer to and, while this research’s direct quantification of bias might be interesting, the fact that Asians have to do better academically than others to get admitted into selective US colleges shouldn’t come as a big surprise to anyone somewhat familiar with college admissions.
>150 higher than whites, 450 HIGHER than blacks
>a black guy can be a retard and be admitted before a white or an asian
medium.com/uni-prep-blog/the-asian-tax-in-college-admissions-3ad3563d7e05

Proceed to business as usual. None of the Korean crypto telegrams i'm in are pulling their remaining hairs out, or even talking about this for the most part. Meanwhile we are seeing Hanabank announcing ETH support (5 days ago). A notable distinction from Woori and Shinhan banks opting for XRP.

>Implying same-sex couples wouldn't be together anyway even if it wasn't recognized,
I honestly don't give a shit about it and neither should you.