China exchange ban over? Vietnam bans Bitcoin and South Korea begins regulation
Well, the crypto market is booming and just hit an all time high. Even crazier still, Bitcoin hit a peak of $6,255 USD, which is absolutely incredible.
In this video I break down why this may be, with a somewhat speculative article stating that China may be unbanning exchanges exchanges in a few days time.
We then look at Vietnam, which has a done a complete U-turn and is now banning cryptocurrencies, despite the optimism shown back in August.
Lastly, we check out some new regulation coming out of South Korea on regulating Bitcoin as a security.
China banning cryptocurrencies is like shooting oneself on the foot!
Banning ICO is a different story all together.
China is also part of a group of countries looking to escape form having to use USD. I think crypto currencies could help with that.
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