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South Korean government preparing bill to ban crypto trading

South Korean Justice Minister says they're preparing a bill to ban cryptocurrency trading through its exchanges
By: Anthony Garreffa | Cryptocurrency & Mining News | Posted: Jan 11, 2018 4:07 am

Just as my story about the Chinese government and authorities putting their boot down onto cryptocurrency miners in China, the South Korean justice minister said he's preparing a bill a ban on cryptocurrency trading through South Korean exchanges.

 

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Park Sang-ki said in a press conference: "There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges".

 

There are no other details on South Korea's movements in banning cryptocurrency trading on SK exchanges, but it will be working directly with the government task force on it.

 

 

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NEWS SOURCES:Reuters.com

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