There are great concerns regarding virtual currencies and [the] justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges, justice minister Park Sang-ki said.
[1]News of the ban follows the raiding of local cryptocurrency exchanges by police and tax authorities over alleged tax evasion, as one of the key nations driving the demand for bitcoin and other virtual currencies attempts a clampdown.
[2]
The value of bitcoin plunged 13.5% in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading.
[3]
Do you think the price will lose more?
Source of news :
https://www.theguardian.com/technology/2018/jan/11/bitcoin-drops-value-south-korea-trading-ban-cryptocurrencies-tax-gamblingAnother upcoming crisis all from asian countries never been better at banning. As long as they wont ban Bitcoin were in good hands. The price will lose some but only in alts. If that News is the real deal as in a legit one that so certain to it. It is better to sell now or regret later. Take advantage on the upcoming events.