Bitcoin prices plunged on Thursday after South Korea’s justice minister said a bill was being prepared to ban cryptocurrency trading in the country. Photo: EPA

Bitcoin sinks 14pc below US$13,000 after South Korea mulls ban on cryptocurrency trading

South Korea intensifies crackdown on speculative trading in virtual currencies in the country, citing “great concerns”

Topic |   Bitcoin

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Bitcoin prices plunged on Thursday after South Korea’s justice minister said a bill was being prepared to ban cryptocurrency trading in the country. Photo: EPA
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