South Korea whirls crypto market

in #business7 years ago

South Korea's Justice Minister Park Sang Ki announced that it would stop all virtual currency transactions in the country.

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South Korea, government plans to ban virtual currency trading have been a major source of concern. Justice Minister Park Sang Ki told to journalists on Thursday about the hype surrounding cryptocurrency should the "bubble burst" have devastating consequences. Therefore, the ministry is preparing a law that will cut down virtually all virtual currency transactions in the country.

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