South Korea preparing a bill to ban cryptocurrency trading: Justice Minister
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SEOUL] South Korea's justice minister said on Thursday the ministry is preparing a bill to ban cryptocurrency trading through its exchanges.
"There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges," said Park Sang-ki at a press conference, according to the ministry's press office.
He added that he cannot disclose details about the proposed shutdown of virtual currency exchanges but will jointly work with the government task force.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
