Topic: Bitcoin drops $2,000 in value as South Korea announces planned trading ban - page 3. (Read 471 times)
January 11, 2018, 06:23:28 AM
raise and raise of bitcoin in last few weeks now bitcoin is reacting all FUD news we can expect more downfall of bitcoin in coming days correction is good so that bitcoin can start the new rally may be month to 20 thousand dollars and above
January 11, 2018, 06:20:45 AM
the news is to create panic it is not true south Korea is regulating exchangers not ban
January 11, 2018, 06:19:20 AM
Bitcoin drops $2,000 in value as South Korea announces planned trading ban
The value of bitcoin plunged 13.5% in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading.
News of the ban follows the raiding of local cryptocurrency exchanges by police and tax authorities over alleged tax evasion, as one of the key nations driving the demand for bitcoin and other virtual currencies attempts a clampdown.
“There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” justice minister Park Sang-ki said.
The value of bitcoin plunged 13.5% in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading.
News of the ban follows the raiding of local cryptocurrency exchanges by police and tax authorities over alleged tax evasion, as one of the key nations driving the demand for bitcoin and other virtual currencies attempts a clampdown.
“There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” justice minister Park Sang-ki said.
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