Breaking: Cryptocurrency Now Fully Legal in South Korea

Breaking: Cryptocurrency Now Fully Legal in South Korea
фото показано с : btcmanager.com

2020-3-6 12:00

In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020.

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south legal cryptocurrency bill information use law

Источник: btcmanager.com

south legal → Результатов: 58


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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News.

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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News.

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There are some layers in South Korea that are working in order for the government to establish a new cryptocurrency legal framework. The information was released by Reuters a few hours ago. The lawyers want the government to establish a legal framework that would help develop the blockchain and cryptocurrency industry and protect investors from […]

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Crypto Regulation Roundup: More Cryptocurrency Control Urged in South Korea and Thailand, France Plans to Ease Crypto Taxes

South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism.

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