Korean Regulators Launch Investigations of Bithumb and Coinone Crypto Exchanges

[sunlitit654]

Korean Regulators Launch Investigations of Bithumb and Coinone Crypto Exchanges
Expense Authority Investigating Bithumb and Coinone

[Tactical Genius]

What are the reasons for the investigations?Any idea?And could that also be the reason why  coinmarketcap took them off their site? I'm curious and I'm pretty sure this information may have been the reason for the Bitcoin price dump we are witnessing.

[cl0ckw0rk]

https://www.zerohedge.com/news/2018-01-10/ripple-sinks-south-korea-prepares-exchange-shutdown-bill

[ZainSpider]

Holy Cow. What's going on here. I wonder what will be the outcomes if they ban them?

[swami84]

https://www.reuters.com/article/us-southkorea-bitcoin-law/south-koreas-justice-minister-says-preparing-a-bill-to-ban-cryptocurrency-trading-idUSKBN1F00B7?il=0

[JoinCoins]

What are the reasons for the investigations?Any idea?And could that also be the reason why  coinmarketcap took them off their site? I'm curious and I'm pretty sure this information may have been the reason for the Bitcoin price dump we are witnessing.

think so too korea is a huge player in this game
but not true booth are still on cmc https://coinmarketcap.com/exchanges/volume/24-hour/

[Hellobx]

In September last year, when China was first encryption money market trading volume, however, is now South Korea and Japan, if South Korea banned the currency trading, the Encryption currency market is a disaster for encryption.

[Kryten12]

I am not sure if this is just a smoke and mirrors scare tactic to manipulate the market or if there is real legitimacy behind it. The US have gone down the tax regulatory road to generate revenue from crypto I would be shocked if Korea didn't want to do something similar. As a governemnt why lose out on a lucrative tax stream?

[cherryscarlett]

Oh, no, I'm afraid to hear that countries are going to shut down bitcoin transactions, and I remember last year in China, which loss me a lot of money.