Ripple XRP is hovering around record highs of $1.80, at the time of this writing, up more than 35% in the last 24 hours as new development related to Bitcoin takes the sheen off BTC once again.
South Korea Financial Services Commission released a statement Thursday that listed all the steps it plans to take in order to put a break on the Bitcoin mania. In order to control the speculation in the popular cryptocurrency, the commission plans to prohibit cryptocurrency exchanges from opening new trading accounts. To put a curb on anonymous trading, it has ordered that users must now use their real names. (Source: Bitcoin briefly falls 11% after South Korea moves to ban new cryptocurrency trading accounts, CNBC, December 29, 2017)
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