Author Topic: Bitcoin (BTC) and crypto trading will soon be fully legal in South Korea  (Read 563 times)

0 Members and 1 Guest are viewing this topic.

Offline cryptoofferTopic starter





South Korea legalizes the trade in bitcoin (BTC) and others crypto currency, according to various media in the country. The government is introducing a licensing system for crypto grants. Until now, there has been a tolerance policy, but a compulsory license has replaced it. South Korea legalizes Bitcoin (BTC) trade South Korea’s parliament has adopted a revision of existing law. The law focuses on the reporting of financial transactions, including transactions with bitcoin and other cryptos. By means of a licensing system, the government wants to regulate the crypto’s sector, in particular the stock exchanges. Just as the plan is in the Netherlands, exchanges, and brokers must report their customer data and thus the transactions to the Financial Intelligence Unit (FIU). Customers must register in their own name. Moreover, the regulator will enforce stricter compliance with the AML procedures to prevent money laundering. If a scholarship does not meet this requirement, then one risks being punished. Ranging from a fine of converted $ 42,000 to 5 years in prison. Please be patient, because the new law will not take effect until March 2021. In the country, there are four larger exchanges such as Upbit, Coinwon, Bithumb and Korbit. Just as in the Netherlands, it is feared whether the little ones will survive the rule and administrative pressure. This week, the Supreme Court in India has a circular from the central bank to ban cryptocurrency transactions lifted. This is in particular the exchange of bitcoin (BTC) in rupee or dollar at your bank easier. The question is how banks will put this into practice. To know more : https://localbitcoinswiki.com/bitcoin-legal-south-korea/


Offline Crossmixs

  • Newbie
  • *
  • Posts: 1
  • Country: 00
  • Karma: +0/-0
    • View Profile
    • casino online
These days, prices are good.

Offline heattyOveneby

  • Newbie
  • *
  • Posts: 2
  • Karma: +0/-0
    • View Profile
Jake P. Noch has been ruining producers career for many years! He illegally reports people’s songs for copyright infringement when he doesn’t own any rights to the music! All his information on the internet is fake!
 
I think you must be aware something didn't seem right with them.
 
I'm a respected producer in the music community. I produced for Reggie Mills I’m NOT SOME RANDOM LOW LEVEL PRODUCER and he was able to take every song off my page illegally.
 
On soundcloud forum is about 50 threads on this forum mentioning the same illegal activities from Jake P. Noch and Pro Music Rights.
 
I dont know him and his fake Pro Music Rights "company"!.He’s never contacted me and I have no way to contact him. how am I supposed to sue him in court when he is a ghost?

 

Best Bitcoin bot for trading Crypto Currency automatically - 3% Profit on #BTC!

Started by tim hayesBoard Services

Replies: 0
Views: 570
Last post November 29, 2019, 06:05:36 PM
by tim hayes
After India, South Korea legalizes crypto trading in full!

Started by nick hillBoard Marketplace

Replies: 0
Views: 317
Last post March 05, 2020, 05:33:59 PM
by nick hill
South Africa - Trading Site - ICE3X - Litecoin & Bitcoin.

Started by T_WintersBoard Litecoin discussion

Replies: 0
Views: 4863
Last post December 16, 2013, 11:27:31 PM
by T_Winters
Free Bitcoin Trading BOT Good quality Crypto Signal bitMEX Mirror Trade Copier

Started by CryptinvestmentBoard Marketplace

Replies: 0
Views: 1089
Last post July 13, 2019, 01:36:58 AM
by Cryptinvestment
BTC-USD Scalping auto trading Bot Crypto Signals -Apps Crypto Signals

Started by CryptinvestmentBoard Marketplace

Replies: 0
Views: 1295
Last post October 22, 2018, 03:16:18 PM
by Cryptinvestment