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RE: South Korean Petition Against Crypto Regulation Gets 200K Signatures, Government Must Respond

in #bitcoin7 years ago

In the last several months, South Korea has accounted for a significant portion of the trading volume in digital currencies such as bitcoin, ethereum and ripple. Earlier this month, ripple prices appeared to plunge in U.S. dollar terms after CoinMarketCap said it was excluding price information from some Korean exchanges due to "extreme divergences in price from the rest of the world."
South Korean regulators have become increasingly vocal in the last few weeks on trying to limit speculation in digital currencies.