Sth Korea finance minister: Banning cryptocurrency exchanges needs more consultations
More bitcoin news - detail on there needs to be more consultations over the justice ministry's plan to ban cryptocurrency exchanges
- So says South Korean Finance Minister Kim Dong-yeon
Reported in the media (Yonhap) - more detail
- "The issue of shutting down (cryptocurrency) exchanges, told by the justice minister yesterday, is a proposal by the justice ministry and it needs consultations among ministries"
- it would take months or even years for a bill to become a law
- Tens of thousands of people filed an online petition, asking the presidential office to stop the clampdown against cryptocurrency trading