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RE: SOUTH KOREAN GOV. BANS CRYPTOCURRENCY TRADING? The Reason For the Big Price Drop In Crypto.

in #news7 years ago

The S Korean Ministry of Finance has reversed the S Korean Min of Justice and made an official statement saying it won't ban Cryptocurrency trading!

Just a big FUD, driving the markets down.
https://steemit.com/cryptocurrency/@mgood/s-korea-will-continue-trading-cryptos-ministry-of-finance

Remember to HODL! :-)

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Oh Wow! great news, wonder who ended buying up bulk crypto hmmm.

I think it is an easing into more govt control and regulation. The main reason - taxes. The gov't wants it's cut of the profits made in the crypto-field.

True :-/

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