South Korea cite ban on trading bitcoin

in #crypto7 years ago

All over the news everywhere you look, South korea to ban trading of crypto currency.

As there seems to be daily this news sent shock waves through the price of bitcoin and other crypto currency.

Bitcoin-South-Korea-flag-760x400.jpg

Bitcoin was down more than 10%

Even if a bill is drafted to ban trading in crypto currency, regulation or a ban would require a vote of the national assembly and could take months or years.

So maybe its just back to trading as normal after another blip.

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It's crazy. The crypto 24 hour change looks like a sea of red numbers.

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