Not good news for crypto! South Korea to ban Bitcoin exchanges

in #crypto7 years ago

Wow, crypto prices down worldwide in the wake of South Korea banning bitcoin and other exchanges....

2018 looking to be a bumpy ride for investors and crypto in general!


https://www.reuters.com/article/us-southkorea-bitcoin-law/south-korea-justice-ministry-prepares-to-ban-cryptocurrency-trading-exchanges-raided-idUSKBN1F00B7


#crypto #crash #market #news


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question is whether it will be a huge crash or a temporary correction.

remember when china banned the crypto exchanges?

Enjoy the vote and reward!

Yeah totally agree. Like when Chinese government made a few moves to correct the stock market!

This is terrible... I was just reading SK was going to tax crypto transactions like the US.... Taxing would be a better move as it would just cool the market. Banning... that is bad news for the industry.

Yes I hope they don't ban it. Somewhat of a drastic reaction

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