Bitcoin falls as one of the world's biggest cryptocurrency markets readies a bill to ban trading

South Korea's justice minister said that the nation is setting up a bill that will boycott all cryptocurrency trading

Park Sang-ki told correspondents that there are "extraordinary concerns" with respect to virtual currencies forms

Bitcoin tuAs indicated by industry site CryptoCompare, more than 10 percent of ethereum is exchanged against the South Korean won — the second biggest focus as far as fiat currencies standards behind the dollar. In the mean time, 5 percent of all bitcoin are exchanged against the won.mbled more than 12 percent following Park's comments

South Korea's equity serve said on Thursday that a bill is being set up to boycott all cryptocurrency exchanging the nation.

That news is a noteworthy advancement for the digital currency space, as South Korea is one of the biggest markets for real coins like bitcoin and ethereum.