RE: South Korean exchanges Coinone and Bithumb raided by police and tax agencies
I'm looking to add to the STACK. Reminds me of the China FUD that went down in November.
In short - regulators are looking to ban ICOs and weed out the "bad actors" (exchanges evading taxes, etc.) but not looking for an outright ban on cryptocurrencies wholesale.
If I was a day / swing trader, I'd be thanking them for this volatility. But alas I'm a simple HODLer that just adds to my position.