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RE: Wondering why Bitcoin dropped by over 10% last night?
It seems it's not only in Korea that regulators are starting to become aggressive. Poloniex, which is based in the US, also said yesterday that next year all traders using their service will have to be verified. I'm certain they got a strongly-worded letter from FinCen or some other gov. agency.
I think you are probably right. Bittrex is implementing similar things as well.