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16 Jan 2018
S. Korea’s FinMin: There is irrational speculation in cryptocurrencies
South Korea’s Finance Minister Kim Dong-yeon was out on the wires, via Reuters earlier today, making some remarks on the cryptocurrencies.
Key Points:
Says irrational speculation in cryptocurrencies.
Tax, regulation needed in cryptocurrencies.
Crypto exchange shut down is an option.
The country will prepare crypto measures soon.
His comments come after a report from MoneyToday cited that the government may ban cryptocurrency trading after warning investors.