Bitcoin Drops as South Korea Says It Could Close Exchanges

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  1. Bitcoin Drops as South Korea Says It Could Close Exchanges  Fortune
  2. South Korea Clamps Down on Bitcoin Trading Amid Market Frenzy  New York Times
  3. FTSE 100 hits record high; Bitcoin falls as South Korea announces crackdown – business live  The Guardian
  4. South Korea to impose new curbs on cryptocurrency trading  Reuters
  5. Full coverage



Bitcoin resumed its tumble on Thursday after South Korea said it was eyeing options including a potential shutdown of at least some cryptocurrency exchanges to stamp out a frenzy of speculation. South Korea has been ground zero for a global surge in interest in bitcoin and other digital currencies as .South Korea has been ground zero for a global surge in interest in bitcoin and other digital currencies as prices surged this year, prompting the nation s prime minister to worry over the impact on Korean youth. While there s no indication Asia s No. economy will shutter exchanges that have accounted by .Bitcoin resumed its slide Thursday, dipping below $, as the cryptocurrency s dizzying drop from a record set days ago intensified. The latest blow to the world s biggest cryptocurrency came from South Korea, where the government said it was eyeing options for stamping out a frenzy of speculation, .The value of bitcoin plunged . in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading. News of virtual currencies and [the] justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges," justice minister Park Sang ki said..







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