What if South Korea ban and shutting down all cryptocurrency exchanges?Bitcoin is facing some hard and complicated situation these past few weeks. What do you think is the big and huge effect and outcome if South Korea beyond doubt to plan and decide to shut it downs the crypto? What will happen if the exchanges of btc crash down to 25%?
Bitcoin has certainly been facing some difficulties in the past week after South Korea announced the possibility of shutting down all cryptocurrency exchanges news that caused Bitcoins value to plummet by 25%. A final decision is expected to be released today on their fate in the country that is to host this years winter Olympics. https://cashessentials.org/fall-of-cryptocurrencies-rise-of-e-fiat-currency/Do you think it will end to a negative finale?
This is still not reliable information that South Korea will prohibit crypto and exchanges, as in the situation with the US and Trump. I am sure if it will be, other exchanges different countries will increase the volume of transaction processing and the number of accounts, that's all that will happen