Financial Services Commission (FSC) Chairman Choi Jong-Ku said on Monday that it was considering measures to restrict cryptocurrency transactions to some extent which includes an all-out ban.
We are discussing to what extent the government will regulate the trade. Including the prohibition of trade. he said at an at a luncheon meeting on Monday.
The clarification comes after news spread on Friday that South Korea was already considering banning all kinds of transactions.
a lot of scattered news about the ban on cryptocurrency, this can not stop the movement of bitcoin despite the many requests for banning. we already know along with the ban maybe only an issue that can make the price bitcoin go to down, someone takes the gap buy a lot if it happens.