South Korea’s Cryptocurrency Trading Ban Is No Done Deal

Bitcoin's value dropped to below $13,000 earlier today, sliding around 14 percent after South Korea's government announced plans to ban cryptocurrency trading altogether. While perhaps a knee-jerk reaction and a temporary blip in the long run, there is cause for some concern, as South Korea is a major global hub for the virtual coin market.

South Korea’s Cryptocurrency Trading Ban Is No Done Deal

Thu 11 Jan 18 from MIT Technology Review

Uproar over crackdown on cryptocurrencies divides South Korea

SEOUL (Reuters) - With a tech-savvy population quick to adopt the latest gadgets and a young generation facing dim prospects in the conventional workplace, South Korea has been a fertile ground ...

Fri 12 Jan 18 from Reuters Technology

Bitcoin Tumbles As South Korea Mulls Closing Cryptocurrency Exchanges

Bitcoin's value dropped to below $13,000 earlier today, sliding around 14 percent after South Korea's government announced plans to ban cryptocurrency trading altogether. While perhaps a knee-jerk ...

Thu 11 Jan 18 from HotHardware

South Korea to ban cryptocurrency trading amid fears of tax evasion

In a move that's sent bitcoin spiralling, officials in South Korea have announced plans to ban cryptocurrency trading in the country. The plans come against a backdrop of concerns ...

Thu 11 Jan 18 from Engadget

South Korea plans to ban cryptocurrency trading, rattles market

SEOUL (Reuters) - The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as ...

Thu 11 Jan 18 from Reuters Technology

South Korea announces Bitcoin ban plan

Government cryptocurrency concerns include tax evasion and people developing gambling addictions

Thu 11 Jan 18 from BBC Technology

South Korea's major cryptocurrency exchanges raided by police, tax authorities

SEOUL (Reuters) - South Korea's largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation said on Thursday. ...

Wed 10 Jan 18 from Reuters Technology

South Korea's major cryptocurreny exchanges raided by police, tax authorities, Wed 10 Jan 18 from Reuters Technology

Bitcoin slides as website drops South Korea prices from virtual currency rates

NEW YORK (Reuters) - Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without any warning, resulting ...

Mon 8 Jan 18 from Reuters Technology

South Korea inspects six banks over virtual currency services to clients

SEOUL (Reuters) - South Korean financial authorities on Monday said they are inspecting six local banks that offer virtual currency accounts to institutions, amid concerns the increasing use ...

Mon 8 Jan 18 from Reuters Technology

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