across the market are plunging because users all around the world fear that trading cryptocurrencies could be banned. The last country that announced a possible ban is South Korea. Officials stated that trading cryptocurrencies could be banned entirely, or at the very least it would be regulated.This fall affects all cryptocurrencies, not only Bitcoin, which, as the best performing cryptocurrency, has dropped by more than 15%.South Korea isn’t the first country to ban cryptocurrencies. Last year, countries as Vietnam, China, Bolivia, Ecuador, Kyrgyzstan, Saudi Arabia, Bangladesh and North Korea did the same.