Digital currencies dip as South Korea considers trading ban

 

January 12, 2018



Digital currency prices wobbled Thursday after South Korea, a hotbed for currencies like bitcoin, said it will consider a trading ban.

The country's justice minister said South Korea is planning a ban, but the presidential office said later that a ban is under review. No policy changes have been made, and while the country's justice ministry has taken a stern stance against the currencies, other agencies oppose an outright ban.

Also on Thursday, the Wall Street Journal reported that China ordered that bitcoin "mining" operations be shut down there. Those were just the latest signs that regulat...



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