South Korean government causes another drop?

in #cryptocurrency • 7 years ago (edited)

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So apparently the South Korean Justice Minister wants to ban cryptocurrency trading, and to support that tax officials and police even raided local cryptocurrency exchanges, with one of the ever-present concerns on tax evasion.

See the article from Reuters:
https://www.reuters.com/article/us-southkorea-bitcoin-law/south-koreas-justice-minister-says-preparing-a-bill-to-ban-cryptocurrency-trading-idUSKBN1F00B7

In the end though, news is news, and the major uptrend of cryptos will continue.

#crypto #news #steem #southkorea
7 years ago in #cryptocurrency by
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     7 years ago 

    Was SK the reason why crypto dipped?

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       7 years ago 

      Seems like it. I'm sure it's just a minor set back though. Crypto in other countries are doing relatively okay...so far.

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