Hop Aboard the Korean Crypto Rocket!!

in #news8 years ago

Good Times Are Here Again as Crypto Trading Ban Downplayed by South Korea After Backlash



From Bloomberg Technology

South Korea’s government gave the strongest signal yet that it will allow cryptocurrency exchanges to keep operating in the country, a welcome development for traders who had feared an outright ban in one of the world’s biggest markets for digital assets.

From Coin Telegraph: S. Korea Responds To Public Petition: No Crypto Trading Ban, But Gov’t ‘Still Divided’

“The government’s basic rule is to prevent any illegal acts or uncertainties regarding cryptocurrency trade, while eagerly nurturing blockchain technology,” Hong announced, continuing:

“But, the government is still divided with many opinions ranging from an outright ban on cryptocurrency trading to bringing the institutions that handle the currency into the system.”

Welp, that explains the surge in BitCoin, folks.
Dust off your keys, it is time to get trading again!!


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HODLin’
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Haha I don't know if it's time to pop the champagne bottles and start picking out the color of our lambos just quite yet.

Maybe next week.

BTW, I expect a few people to post the same info 1 or 2 hours from now and get about $100 in rewards.

such is life on Steemit

Just a matter of time and getting discovered. Buying the upvote bot works sometimes but discovering that it's easy to spend more on up vote than the value gained.

Either that or Valentines day.
but I'm not about to look a gift horse in the mouth.

Happy to have our Korean Traders back

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