In what might well be a weight on bitcoin and others,
South Korea's Financial Services Commission head Choi Jong-ku
- "(The government) is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law"
He was responding to a question from a parliament member in a national policy committee meeting today.
South Korean officials have been loud with this sort of thing on crypto. but there has been a public backlash and some government back down. This dude saying he'd shut exchanges that broke the law - well, yeah that's cool. But I can't see him shutting all of them.
Bitcoin, as you can see from the chart above, is non-fussed on the news.
