South Korea Banning Bitcoin Is FUD, But Led Bitcoin Price Down
Unconfirmed and false rumors about South Korea banning Bitcoin and cryptocurrency exchanges yesterday has led Bitcoin price to decline from $16k down to $14k.
Reuters has published recently that South Korean government will enforce new regulations and close down crypto-exchanges.
A few hours later, the news website corrected the news into South Korea going to close anonymous cryptocurrency exchange accounts, which was planned since December 13.
The government will only disallow underaged and foreigner investors from investing in South Korean cryptocurrency exchanges.
Bitcoin, One Of The Top Google Searches This Year 2017
Google recently released their 'Year in Search 2017' data and 'Bitcoin' may be on the top search word for the year under the Global News category.
'How to buy Bitcoin' also took a top spot at number 3 in the 'How to' category.
Top 5 countries searching Bitcoin in Google are South Africa, Slovenia, Australia, Netherlands and Austria.
Bitcoin price rose 20x over this year from about $900 in January and nearly $20,000 early this December.
Headlines for the world of Cryptocurrencies - December 28, 2017A Survey Data Shows That 31% Of South Korean Workers Have Cryptocurrency Investments / Philippines Central Bank Plans To Regulate Bitcoin |
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