Korea, the number 3 market for cryptocurrency is going to regulate the trading of cryptocurrency. I mean try to regulate it. I don’t think they can and it will just push it underground. The market has dropped nearly $8,000 USD in 24 hours.
https://www.ft.com/content/e774bd68-db09-11e7-a039-c64b1c09b482
(Sorry, I am on mobile so copy and paste the link).
Koreans have invested huge amounts on IOTA and recent ICOs. I think this will cause a little dip in the market but this train is not going to stop.
I think there will be a mad rush to pull private keys from the exchanges and I don’t think the exchanges will have the coins. The exchanges will have to buy coins from other markets which will push the price higher. HODL and get your private keys off the exchanges.
This train is not going to stop any time soon.
Topic: Korean Gov’t to Regulate BTC and Cryptocurrency (Read 150 times)
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