by Kaatierussel at 01-23-2018, 02:28 PM
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South Korea will enforce its ban on anonymous bank accounts used in cryptocurrency trading in a week from now. In conjunction, six domestic banks will issue new trading accounts that follow KYC norms.

According to multiple reports on Tuesday, South Korean regulators have rubberstamped the ban on anonymous cryptocurrency trading through anonymous virtual bank accounts in the country. Strictly speaking, the long-anticipated move will not allow  traders to make deposits into their wallets at domestic cryptocurrency exchanges unless their names on their depositing bank accounts matches the account name at cryptocurrency exchanges.

In tandem, at least six South Korean banks will issue new trading accounts for cryptocurrency transactions on January 30. As banks rollout these new accounts with a system that will match names between banking and crypto-exchange accounts, existing anonymous virtual accounts will be banned on the same day, Financial Services Commission (FSC) vice-chairman Kim Yong-beom told reporters today.

The six banks will include NH Bank, the Industrial Bank of Korea and, as reported previously, Shinhan Bank – Korea’s second largest financial institution.

Enforcing the real-name trading system will also mandate cryptocurrency exchanges to share the users’ transaction data with the banks. This move is reportedly a part of the government’s ongoing scrutiny into ‘speculative investments’ by much of Korean society into cryptocurrencies.
While Korea’s Justice Ministry called for an outright ban on cryptocurrency trading and exchanges, other lawmakers and regulators have dismissed the hardline approach. South Korea’s Presidential Office weighed inon the topic, stressing that a sweeping ban was one of several measures being considered for regulating the cryptocurrency sector.
Today’s announcement from the South Korean government further hints at a policy that is unlikely to include that sweeping ban, which will now only extend to non-Korean nationals and anonymous trading.
“Nobody, including the government, guarantees the value of cryptocurrencies,” FSC’s Kim Yong-beom stated today, resorting to cautioning adopters of investments rather than any warning of a ban. “Given its highly volatile nature, please be cautious when making investment decisions.”
The news will come as a relief to cryptocurrency adopters and exchanges alike. According to Yonhap, major Korean exchange Bithumb is welcoming the government’s new policy, with a statement that read:
Quote: “We will make efforts to build a more transparent and healthy transaction system with the real-name trading platform.”
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by TraDove at 01-07-2018, 03:48 PM
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by gandreas at 12-22-2017, 08:42 AM
I only started trading a few weeks ago. After bitcoin rose in price I questioned what the hell I was doing with my life.

Everyone wants to be rich for doing nothing, right? People always told me that wasn't possible, but with Bitcoin I just missed the only opportunity our generation will probably ever get. People DID get rich by getting some and then doing absolutely nothing. The possibility was always there - and I missed it. I even had the freaking wallet on my computer, tried mining and thought 'oh, it takes a few hours to get one coin? I'll pass.' I could be a millionaire, but now I'm just sitting here crying about it.

In the end there's nothing I can do about that anymore. And now people are telling me 'it's too late to get into crypto'. But now I've decided not to listen to them anymore. If I lose the money, I'll lose the money. But I can't say I haven't tried. And if I make it, I'll be rich.

That being said - I've found this Telegram group that sends out some REALLY good signals. I've been in several, but all of them seemed to prey on people by just dumping when the coins should be pumping. And then you're left holding bags. But the signals they send out here are mostly holds over a week or two. The price slowly grows, then spikes and you'll walk away with a lot of profit. Here's the link:

I know, I know. You probably think this is another attempt to scam you out of your coins, but I assure you it's not. I'm not trying to take anything from you - I just want to inform you about the best way I found to get in on some altcoins before they blow up.
There's absolutely no risk involved. Just join the free group and get some signals. Not all of them might hit, but the majority do, and that will certainly leave you with a lot of profit. If you're skeptical, just join and wait for the next signal without investing. And then decide for yourself if the group is worth your time. There's also a premium option if you're interested, but you better check that out for yourself in the group.

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by Kaatierussel at 12-07-2017, 03:14 PM
One of the biggest misconceptions surrounding Bitcoin is how investing in the popular digital currency will result in overnight riches. Similar to any other type of investment, Bitcoin is a long-term plan. The day of major gains and losses in a short period of time seem to be over, and investors need to keep in mind that Bitcoin is here to stay.
by Kaatierussel at 12-06-2017, 08:45 PM
Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money  bitcoin could reach $40,000 by the end of 2018. A wave of money from both institutional and retail investors is sitting on the sidelines, according to  Novogratz

For more interesting facts about bitcoin Crypto Curreny &  Free Crypto Trading Signals 1500% profit in a Week
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