South Korea wants to ban crypto currency trading:

Bitcoin, Ether, Litecoin & Co. crash
The largest cryptocurrency Bitcoin has given in Thursday trading strong. other digital currencies also came under pressure. Already in the Asian trade the Bitcoin sagged clearly and lost at times up to 11 per cent. At the beginning of trade in the Far East, a Bitcoin was still worth a good $ 15,000, currently a digital token still costs around $ 13,825, after it had even gone down even more significantly in the meantime. Also affected Ether, Ripple & Litecoin In addition to Bitcoin, it is also in the second largest cyber currency ethers down, in the meantime, the minus here was about 9 percent. Competitive forebears such as Ripple and Litecoin are also yielding
@@@South Korea wants to ban trade@@
Background of the significant cuts are reports that South Korea wants to ban trade in the cryptocurrency. The government is therefore preparing a corresponding bill, according to the country's Justice Minister, Park Sang Ki. He had cautioned and expressed great concerns about virtual currencies. Further details did not mention the politician at first. CCR executives in South Korea reported investigations and searches by the police and tax authorities. They would have justified this with the suspicion of tax evasion and other criminal activities.
@@@Bad news also from China@@
The day before, reports from China had caused a stir in the cryptocurrency community. China's political leaders have ordered Bitcoin miners to stop working, according to a media report. It's about capacity that accounts for a large proportion of Bitcoin's global offerings, the Wall Street Journal reported Wednesday on its Trusted Persons website. Since cryptocurrencies are particularly popular in Asia, reports from this region have a strong impact on the digital currency market.
@@US Senate is also skeptical@@
The cryptocurrency market may also face further headwinds from the US. There, the US Senate will take a closer look at digital currencies such as Bitcoin and hold discussions with both regulators and Securities and Exchange Commission (SEC) regulators and derivatives regulators (CFTC) about how to handle and possibly regulate cyber-visas.