First China And now South Korea!

[MCSGlegend 2210]

Finally, at least someone began to move their brains and do what is promising and will bring income and not losses to the country.

[Crypto123 0]

This is encouraging news and wonderful for all lovers of the world of crypto, and we hope that the rest of the countries will follow the China and Korea, as I see the Asian countries are the first in the field of cryptocurrencies and ahead of European countries and America, which has not yet accepted Bitcoin.

[Adamino 7]

I knew it was a matter of time until we have another big announcement about another country accepting Blockchain tech after china.

[giash crypto 258]

i really beleive unitad states is much positive than others. because it has maximum number of atms. but china has no crypto atms

[Tine0313 3053]

This is a good news for people here in cryptoworld world, it just means that countries are now adapting cryptocurrencies as payment and soon other countries will also doing this. 

[Anubis80 0]

Guys, heard subject such a, that pay money for what on this forum you communicate. Is that true? Someone has already deduced. Here is decided to, too, try))

[bliznec 22267]

South Korea is one of the many sectors of the population that accepts blockchain and this will help the development of the country. Maybe Japan also wants to join the blockchain and learn bitcoin.

[salakka 76]

south korea have a big potential on industry sector, and if they come to cryptocurrency offcourse it will be good sign for cryptocurrency and make more demands too

[Cryptominded 704]

47 minutes ago, CryptoJony said:

I also hoping that USA will adpot Blockchain technology for devolve their country very shortly. Cause lots of big countries are accepting crypto and they are taking advantage of this technology.

The U.S. have always been open to cryptocurrency and blockchain technology, what it has been emphasizing is for its regulation and ways to check its excessive volatility so it can truly function as a store of value.

[WayOut 216]

On 01.11.2019 at 23:18, dhemasm said:

After China announced it would focus on Blockchain technology and encourage banks there to use Blockchain, South Korea also promised additional injections of funds or investment into the Blockchain sector. South Korea will invest $ 12.8 million in the Blockchain project in 2020, the Ministry of Science and ICT has confirmed in this regard. Per Fn News, the Sain and ICT ministries have outlined various expenditure plans that are expected to help provide impetus for Blockchain initiatives in the public and private sectors - and hope to provide training to Blockchain experts for generations to come.

The Ministry of Science and ICT said the Korea Internet and Security Agency (KISA), which has reported to the Ministry of Science and ICT, will provide "more than $ 8.6 million, this fund will later be used to develop services that can be used by public institutions and the private sector. " The Korea Internet and Security Agency (KISA) revealed they were looking to vote for and support a multi-year contract project - a Blockchain initiative that could be financially supported for several years.

In addition, funding of $ 3.4 million will also be provided by the National IT Industry Promotion Agency (NIPA), which is managed by the South Korean government, where the agency currently oversees Blockchain technology training course sessions for free. NIPA will further expand Blockchain knowledge through introductions, development, and coaching courses. Where, this will be present free of charge at Mapo, which is part of the administrative region of Seoul.

NIPA also has the duty to maintain "Blockhain companies and nurture Blockchain experts, of course," and will fund Blockchain training courses. Funds of $ 3.4 million will also be given in the amount of $ 342 thousand to invest in the Blockchain sector through selected Blockchain startups. Agencies related to the development of Blockchain in South Korea will also conduct research on "supporting regulations related to Blockchain". Not only that, a number of prominent companies and activists in South Korea have appealed to the government to change its attitude towards Blockchain policy.

Nevertheless, the city of Seoul has remained in its founding to support matters related to the development and investment in the Blockchain sector in the private sector, public Blockchain projects and cryptocurrency. The Ministry of Science and ICT in South Korea, talks about expanding the scope of the Blockchain, namely through testing the Blockchain project from short-term projects to medium and long-term projects. The ministry is currently working on 12 public Blockchain testing projects in the private sector, of which 12 Blockchain projects (an average of 80 percent are completed).

Read more here: https://coinvestasi.com/berita/tak-mau-kalah-dengan-china-negara-ini-janjikan-investasi-ke-sektor-blockchain/ (Indonesia)

This is very good news for us, only a week ago they wrote that North Korea will invest at least $ 12 million in bitcoin, and you write that it is 8 million. We need to think about why they decided to buy next year, and not now.

[cryptoboy 35]

It's really good to hear that China and south Korea are adopt crypto technology to make their country more developer. I think more country will come in crypto for them.

[khan22 3478]

So many countries will focus on the blockchain but some are in front of the news and other are hidden and they work on it. Crypto is the future of the world and everyone know about it but so many countries will ban because just of banks economy. because that will be down.

[Riyadmozu 49]

Really such an great news for cryptocurrency market because chin and South Korea always play vital role in economy.Now Hong Kong is also stepping up its efforts to formally regulate cryptocurrency exchanges in the city. The Securities and Futures Commission (SFC) just released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms. Could this be a game-changer for the crypto industry? As a leading global financial hub, what does the new regime mean to the city?

[Mathers 295]

I think that is a great news for cryptocurrency, It is showing that cryptocurrency is gaining more ground globally and several countries will join the movemnet too.

[Sungoku 13]

39 minutes ago, christmas said:

If China was going to accept bitcoin, there won't be reports of China launching its own cryptocurrency issued by the central bank

it will be very interesting news if China launches its own crypto currency, I'm sure with that the price of bitcoin will soar high

[Pegem 109]

On 11/10/2019 at 12:10 PM, CryptoJony said:

I also hoping that USA will adpot Blockchain technology for devolve their country very shortly. Cause lots of big countries are accepting crypto and they are taking advantage of this technology.

Keep patience it will happen sooner the USA financial organizations are working on it and they will soon find out a solution to adopt it for their country.

[yifnt 666]

I am not surprised if South Korea is very fast in adopting cryptocurrency, because indeed the projects created were from South Korea, for the most part they did it seriously and real. This is what drives something big to happen in the country

[khan22 3478]

China and South Korea bot are strong countries and they know that crypto is the future of the world and i hope soon they launched their own coin for business and they gain high investors because of their coin. Crypto is the world future but so many peoples will not except it.

[FlatterCar 696]

What is most interesting is that Eastern countries are more willing to accept cryptocurrencies than all Western ones, including Russia, which is trying to pass a law on the withdrawal of cryptocurrency. For me it's cool that the East began to show an example to the West how to properly develop, so the race will begin.

[Keith700 1885]

On 11/1/2019 at 5:18 PM, dhemasm said:

After China announced it would focus on Blockchain technology and encourage banks there to use Blockchain, South Korea also promised additional injections of funds or investment into the Blockchain sector. South Korea will invest $ 12.8 million in the Blockchain project in 2020, the Ministry of Science and ICT has confirmed in this regard. Per Fn News, the Sain and ICT ministries have outlined various expenditure plans that are expected to help provide impetus for Blockchain initiatives in the public and private sectors - and hope to provide training to Blockchain experts for generations to come.

The Ministry of Science and ICT said the Korea Internet and Security Agency (KISA), which has reported to the Ministry of Science and ICT, will provide "more than $ 8.6 million, this fund will later be used to develop services that can be used by public institutions and the private sector. " The Korea Internet and Security Agency (KISA) revealed they were looking to vote for and support a multi-year contract project - a Blockchain initiative that could be financially supported for several years.

In addition, funding of $ 3.4 million will also be provided by the National IT Industry Promotion Agency (NIPA), which is managed by the South Korean government, where the agency currently oversees Blockchain technology training course sessions for free. NIPA will further expand Blockchain knowledge through introductions, development, and coaching courses. Where, this will be present free of charge at Mapo, which is part of the administrative region of Seoul.

NIPA also has the duty to maintain "Blockhain companies and nurture Blockchain experts, of course," and will fund Blockchain training courses. Funds of $ 3.4 million will also be given in the amount of $ 342 thousand to invest in the Blockchain sector through selected Blockchain startups. Agencies related to the development of Blockchain in South Korea will also conduct research on "supporting regulations related to Blockchain". Not only that, a number of prominent companies and activists in South Korea have appealed to the government to change its attitude towards Blockchain policy.

Nevertheless, the city of Seoul has remained in its founding to support matters related to the development and investment in the Blockchain sector in the private sector, public Blockchain projects and cryptocurrency. The Ministry of Science and ICT in South Korea, talks about expanding the scope of the Blockchain, namely through testing the Blockchain project from short-term projects to medium and long-term projects. The ministry is currently working on 12 public Blockchain testing projects in the private sector, of which 12 Blockchain projects (an average of 80 percent are completed).

Read more here: https://coinvestasi.com/berita/tak-mau-kalah-dengan-china-negara-ini-janjikan-investasi-ke-sektor-blockchain/ (Indonesia)

These sectors currently play a very fundamental role in the encrypted environment, the Asian countries are doing a great job in terms of investment and quality of capital injected into the Blockchain industry, despite being a young financial system has been growing with a frequency very high.

[Muphin 459]

This will now bring a great number of cryptocurrency users because those big and influential countries are now accepting it and giving funds, too. As I just know recently, Samsung Galaxy S10 something, I don't know exactly which model it is, they have a cryptowallet which lets users to store cryptocurrency such as Bitcoin even if it is offline. 

[Badhon420 126]

Regards for use on your advantageous knowledge. I am aware of China and Taiwan is mostly a particularly constructed countryside in neuro-scientific technology. Accordingly, all the production about bitcoin and additionally blockchain really are self-evident. Apparently some Korea and additionally China and Taiwan, so, which may well be more constructed

[dhemasm 219]

8 hours ago, hmind said:

Everything will follow like this in the end. Cryptocurrency is a basic sample that blockchain technology is worth using as an economic power.

Yeap, Cryptocurrency as you said it's just example for implementatin blockchain technology to currency ecosystem and it success so as my thread said some country was developing this technology to be used on their ecosystem, This was great news for crypto community and for the market too,

[littledi059 1010]

Too many news about block chain from China. But they are too different. Seems like China's government still can't deside what to do with crypto and wether they should support it or not. At least this is what the situation looks like in russian news

[duncun007 3577]

china might have opened the gate for countries to start thinking about accepting crypto but i think there are still plenty of countries that still see bitcoin and crypto as a bad thing but only the future will tell what crypto will do.