11 Jan '18, 10am

[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 bitcoin exchanges and that’s the news https://t.co/7Vxt54bBoD

The price of bitcoin and other cryptocurrencies dropped significantly today off the back of ‘news’ that South Korea’s government might ban trading exchanges. As ever in the world of crypto, the slightest ripple of information can be taken out of context, and that appears to be the case here. Reuters reported comments from Korean Justice Minister Park Sang-ki who said claimed his ministry “is basically preparing a bill to ban cryptocurrency trading through exchanges” following “enough discussion” with a range of government agencies, including the finance ministry. As Reuters itself points out, any draft legislation would require the approval of parliament which could take months, if not years. Even if that were to happen, the timing seems off with local elections upcoming this year and bitcoin, ethereum and other coins hugely popular among young people in Korea. Looking bac...

Full article: https://techcrunch.com/2018/01/11/south-korea-bitcoin-reg...

Tweets

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-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...

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...

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...

Tax officials raid South Korean bitcoin exchanges

ft.com 11 Jan '18, 4am

Coke pushes back on McKinsey after South Africa scandal PwC hit with 2-year India audit ban for Satyam case Why are so man...

Bitcoin plunges by 10% as South Korea clamps down on local exchanges

Bitcoin plunges by 10% as South Korea clamps do...

thenextweb.com 11 Jan '18, 7am

South Korean law enforcement agencies are raiding local cryptocurrency exchanges to look into tax evasion, while the gover...

South Korea justice ministry prepares to ban cr...

reuters.com 11 Jan '18, 4am

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'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...

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, 6am

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

#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...