Oh sorry guys, I am the publisher of this post, I just got to know this is a fake news. I just got exited..I heard Whales spread such news in order to buy at dip with the help of panic sellers..
When you copy paste something add the source!!!!!!
https://www.cnbc.com/2018/01/10/south-korea-official-reportedly-readying-bill-to-ban-all-cryptocurrency-trading.htmlthis is funny because it was "China is going to ban bitcoin" all these years and then they finally closed down exchanges and the same month bitcoin went to $4000 and then followed it up by reaching higher and higher and finally the ~$20,000 ATH.
and this time it is "Korea is going to ban bitcoin" and people are still panic selling their bitcoins into the pockets of the whales at the bottom to make them richer.
Korea could ban whatever they want.
I've always said that all the happiness of seeing the fake numbers of Okcoin and huobi was washed away because we ended up with bithumb.
And I'm willing to bet that if there is going to be an inquiry, it will turn out they've faked everything.
But I don't give a damn.
It's going to be just another proof that what it matters for
BTC is the western world.
The rest are insignificant. Just how China turned out to be.
Well its a new market and i really don't understand the reason for the crackdown though the so called justice minister claim that cryptocurrencies are giving the government great concern but they haven't specifically said what the concern is about. But they are planning on banning exchanges but not the cryptocurrencies themselves.
Read the article!!!!!!
That news from the justice minister comes after the country's largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation told Reuters.