11 Jan '18, 4am

South Korea justice ministry prepares to ban cryptocurrency trading

SEOUL (Reuters) - South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in South Korea, a crucial source of global demand for cryptocurrency, came as policymakers around the world struggled to regulate an asset whose value has skyrocketed over the last year. Justice minister Park Sang-ki said the government was preparing a bill to ban trading of the virtual currency on domestic exchanges. “There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” Park told a news conference, according to the ministry’s press office. After the market’s sharp reaction to the annou...

Full article: https://www.reuters.com/article/us-southkorea-bitcoin-law...

Tweets

South Korea justice ministry prepares to ban cr...

reuters.com 11 Jan '18, 4am

SEOUL (Reuters) - The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin pri...

South Korea plans to ban cryptocurrency trading...

reuters.com 11 Jan '18, 6am

SEOUL (Reuters) - South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices...

South Korea's major cryptocurrency exchanges ra...

reuters.com 11 Jan '18, 2am

SEOUL (Reuters) - South Korea’s justice minister said on Thursday the government is preparing a bill to ban cryptocurrency...

Bitcoin

cnbc.com 11 Jan '18, 3am

South Korea's justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the cou...

South Korea announces Bitcoin ban plan

bbc.co.uk 11 Jan '18, 5am

South Korea is considering a law to ban cryptocurrencies such as Bitcoin being traded on local exchanges. Justice Minister...

#Bitcoin skids on news South Korea prepares to ...

reuters.com 11 Jan '18, 4am

TOKYO (Reuters) - Bitcoin skidded on Thursday, after South Korea’s justice minister said a bill to ban cryptocurrency trad...

#Bitcoin skids on news South Korea prepares to ...

reuters.com 11 Jan '18, 4am

TOKYO (Reuters) - Bitcoin skidded on Thursday, after South Korea’s justice minister said a bill to ban cryptocurrency trad...

South Korea plans to ban cryptocurrency trading...

reuters.com 11 Jan '18, 6am

SEOUL (Reuters) - South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices...

South Korea plans to ban cryptocurrency trading...

reuters.com 11 Jan '18, 8am

SEOUL (Reuters) - South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices...

South Korea announces Bitcoin ban plan

bbc.co.uk 11 Jan '18, 5am

South Korea is planning a law to ban cryptocurrencies such as Bitcoin being traded through its exchanges. The justice mini...

Bitcoin skids on news S Korea prepares to ban c...

channelnewsasia.com 11 Jan '18, 4am

TOKYO: Bitcoin skidded on Thursday, after South Korea's justice minister said a bill to ban cryptocurrency trade was being...

Bitcoin dives 14% as South Korea prepares crypt...

ft.com 11 Jan '18, 4am

Subscribe to the FT to read: Financial Times Bitcoin dives 14% as South Korea prepares cryptocurrency ban Make informed de...

[TECHCRUNCH] South Korea may or may not ban bitcoin exchanges and that’s the news https://t.co/7Vxt54bBoD

[TECHCRUNCH] South Korea may or may not ban bit...

techcrunch.com 11 Jan '18, 10am

The price of bitcoin and other cryptocurrencies dropped significantly today off the back of ‘news’ that South Korea’s gove...

Bitcoin-crazy South Korea may face a ban on cry...

money.cnn.com 11 Jan '18, 7am

Bitcoin trading could soon be outlawed in one of the virtual currency's biggest markets. The South Korean government is pr...