January 11, 2018(AP)(STL.News)-The value of numerous forms of digital currency is tumbling after South Korea, a hotbed for currencies like bitcoin, said it was weighing a trading ban.
The country’s justice minister said Thursday that South Korea plans to ban crypto currency trading, but the presidential office said later that a ban is under review, though no policy changes have been made.
The justice ministry has taken the sternest stance on digital currencies among the nation’s ministries, though other South Korean agencies oppose an outright ban.
Bitcoin slid 8 percent, to $13,698, according to Coindesk. Etherium, another popular digital currency, fell 2.1 percent, to $1,222.
STL.News is owned and operated by St Louis Media, LLC. We publish International and national through a license agreement with Associated Press (AP). Our local news is provided by local professional writers with a journalism background. Our content is distributed to the major search engines and top-rated social sites. Additionally, we distribute press releases using AP, Google News, Google Newsstand, Bing News, Apple News, News360.com and our massive social media network expanding to more than 50 social sites.
SEOUL, South Korea (AP)(STL.News) — South Korea will form a special military brigade this year tasked with removing North Korea’s leadership in the event of war as Seoul looks for options to counter its rival’s
SEOUL, South Korea/May 8, 2017 (AP)(STL.News) — South Koreans voted Tuesday for a new president, with victory widely predicted for a liberal candidate who has pledged to improve ties with North Korea, re-examine a contentious
SEOUL, South Korea/January 03, 2018 (AP)(STL.News)—After one of the most fraught years on the Korean Peninsula in recent memory — threats of war amid North Korea’s strongest-ever nuclear bomb test and repeated missile launches — an