https://news.bitcoin.com/korean-cou rt-rules-bitcoin-cannot-confiscated /

Good news in the face of the Chinese FUD, why are Koreans always way ahead of the chinks?

nice, bought 100k

Good, I've been trading from Korbit with my kgf's bank account for those sweet Korean gains

Thats not the message I'm getting.

read this: https://news.bitcoin.com/south-korea-takes-steps-to-regulate-digital-currencies/

>quote: "In addition, the FSC revealed that “they will punish Initial Coin Offering (ICO) that raises funds in the form of stock issuance using digital currencies permitted in some countries, including Switzerland, for violating the capital market act,” Business Korea elaborated."

Also another interesting thing to note is this line:
>Korea is “joining Japan, China and other Asian nations in trying to regulate cryptocurrencies,”

>>3404853
tfw no A V E R A G E korean gf

Why do Koreans like Bitcoin/crypto?

>>3405136
Koreans all love the latest tech shit.

>>3405027
Regulation =/= confiscation

>>3405182
Why not Japan?

>>3405211
There isn't some stupid cat mascot

>>3405136
It appeals to their inner gambler.

>>3404853
>Can't be confiscated because it doesn't have value
Not good news if you're looking for government approval or regulation, good if you're looking to stay under the radar since they clearly don't have a clue.