Virtual Currency Exchange is legal in Korea now

Virtual Currency Exchange is legal in Korea now
Korea Government bring the industry of Virtual Currency Exchange into the system of Country's Economy Governance.
Recently, government of Korea declared that, Korea started to impose tax of Virtual Currency Exchange. Virtual Currency Exchange will be legal in Korea, it has been brought into Korea's national economy.
At the end of last year, because of "Ocean Story"(a gamble game), Government of Korea set out 'Act of
prospering Game Industry' in a hurry, and in this act, there are few articles attract the public's attention, for a period time people all talk about that Korea will ban Virtual Currency Exchange.
Few months later, the government announced that from 1st, July, Korea will impose tax of Virtual Currency Exchange. This is good news for lots of people.
Looking Korea government's action towards Virtual Currency Exchange as fallows, we can see that market of Virtual Currency Exchange changed a lot.

Wholely controll:
Korea ever used this kind of method to ban the Virtual Currency Exchange, but they couldn't stop the exchange in society, since so many people are using Virtual Currency Exchange, so if the government banned it they would trade in sercet, and some dissentions rising from it were sharpened. So, the government of Korea has to give up this kind of method.

Controll partly:
After checking-up the market of Virtual Currency Exchange, Korea government finally acknowledged Virtual Currency Exchange. Korea is a country banned gamber, so such as "Ocean Story", surely sould be banned.
Secondly, in order to protect the justice of playing games, Korea also banned all kinds of exchange related to some illegal terms. But legal and just exchange would be protected by government.

Imposing tax of Virtual Currency Exchange:
Korea government has recognized that the market of Virtual Currency Exchange is great, and it's future is bright. So the government put more attention on it, and plan to bring the industry of Virtual Currency Exchange into the system of Country's Economy Governance.
The changing of attidude of Korea government actually is changed according to the market.
Government trusts on this industry, and make some laws and acts to rule it.
A new market with law, we are sure its future will be brighter and brighter

Source: http://www.mmovp.net

 

ummmm i guess thats cool.... go koreans

 

lol... wtf?

 

i read the first paragraph then thought to myself why should i care