This might be the cause of dropping its value , i also read about the banning of bitcoin ni korea particular in south korea if im not mistaken , the only thing that bothers me is that why they are banning this such thing wherein i cant see any illegal here that can make their economy to fluctuate .
South Korea banned Bitcoins trading because there were a lots of scammers and people who did fraud .. and now they have said that they will resume it but only with verified accounts nothing else.
I do think that , that step was justified and we'll thought and at the end of the day bitcoin trading is going to continue so one shouldn't think that much about it.
On the other hand France is totally being conservative on this topic and that's rather problematic for the price of Bitcoins.