Yonhap reporting on bitcoin and others, social media spreading the news
Yonhap adds:
- Even if pursued, shutdown of crypto exchanges would take some time
- It needs discussion at parliament; current status is an issue that can result in huge social, economic damage
If you've been following along this would come as no surprise. there was plenty of news out of South Korea yesterday, sending BTC to a +10% loss on the day here:
- South Korean regulators are to shut down more crypto exchanges
- South Korea's largest cryptocurrency exchanges raided by police, tax agencies
- Bitcoin losing a few bucks now as the South Korea crackdown news gains currency
I just posted a bitcoin price chart, not much change:
