i know that btc have issues in china before but i also heard about that the issues were now fix so i assume china is now a btc freindly country again  however there are now issues china is currently facing and that is the corona virus   . btc are still going to be affected this way    . anyway its nice to know that south korea also join the ride of allowing btc   . not just korea but other countries were also following too , i mainly heard news about country accepting cryptos  lately   .  this is now the time that we are waiting for    .

There is some country that banned Bitcoin like Bangladesh and others. it would be helpful when those countries lifted their ban like the Central Bank of India did. nevertheless, if they see these big countries legalizing bitcoin one after another, I'm sure they will think about implementing it in their country as well.

Awesomely perfect, for the news coming at this time of the year when Bitcoin price has been down will encourage more hold and the market will grow bigger and higher. Although this will gradually have some good and positive impact on the market, when this is done we're going to see another all time high temporary before the event schedule to take place later this year. Hope other countries that are yet to venture into cryptocurrency do that before time runs out on them. Also, those who still hold on their ban on Bitcoin or cryptocurrency should rethink their actions.

Maybe the Asian countries have realized it late that they need to accept Bitcoin to compete with the western world currencies. Hope, more countries might follow the trend and accept bitcoins in the future.

This is already at least expected right when japan welcomed bitcoin into its financial system. Japan is one of the most advance countries in Asia and for sure their actions are the cause of why South Korean has considered legalizing it too. I want to see Singapore and the Philippines totally accepting bitcoin.

not actually that we can expect that asian countries are no pro and want to adapt crypto but instead they are just competing with the western countries because they are the one who are getting in the top because of the cryptocurrency maybe the asian countries are starting to adopting cryptocurrency bitcoin or legalization of it because they are seeing a positive impact of it to the economic growth of their country and may be the citizen of this will probably may enjoy and becomes more aware of the new system of the technology.

Its only first step of real adoption

Most of the news/article that I have seen on the last couple of days is about bitcoin adaption, acceptance in a certain country. In fact, South Korea also belongs to the advance country and it's because of their technologies and IMO, it's totally good how they accept and legalize the top 1 cryptocurrency in the market and by just seeing this kind of news will help us to bring more adaption. But, I'm still curious about what will gonna happen if all countries will accept like it can be the key to achieve a great price in the market or bitcoin will become a legal currency.


AFAIK, China already supported Blockchain technologies and I also see the impact of it in the price especially in just a couple of hours bitcoin spike up to 10,000$. Even they will not accept bitcoin still their cryptocurrency will have supporters like their citizens who gonna use it. China is a powerful country, and there are many investors and companies will going to use that currency so I guess whether they accept bitcoin or not still their currency will also stand out among all cryptocurrency.

Then I actually want to see the entire globe totally accepting bitcoins.  This would not be impossible but this would surely need huge time. We have already seen that most of the countries have started showing a significant growth towards cryptocurrencies which would even make many other countries think about the same.

I am wondering that would it affect the economy of the South Korea? If yes, than many more countries too would legalize cryptocurrencies to stabilize or increase their economy. This would be a historic moment for bitcoins than as they would start getting accepted in local business where you can use bitcoins as a mean of payment. Bitcoins would than turn out to be a global currency.