Korean Official: Cryptocurrency Exchange Ban 'Not Finalized'

Korean Official: Cryptocurrency Exchange Ban ‘Not Finalized’

South Korea’s Presidential Office said today that a plan to ban trading cryptocurrencies via exchanges in the nation is still not set in stone. The office spoke out after news reports indicated Wednesday that the South Korean Justice Department is preparing legislation that would pave the way for exchanges in the country to be shut down to largely halt cryptocurrency trading. Reuters reported soon after that the Justice Ministry had said that a bill was forthcoming. This morning, however, Reuters cited a Presidential Office spokesman as informing reporters: "Justice Minister Park’s comments related to the shutdown of cryptocurrency exchanges […]

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