Bitcoin’s Brutal Week Is Even Worse in South Korea

, , , , , , , , , , ,

The extending selloff in cryptocurrencies has just claimed another martyr: Bitcoin’s kimchi premium. Prices for the virtual currency in South Korea have scrambled back in line with those on overseas exchanges for the first time in seven weeks, deleting a gap that had swelled to 51 percent in early January. The premium had been so […]


China Escalates Crackdown on Cryptocurrency Trading

, , , , , , , , , ,

China is escalating its clampdown on cryptocurrency trading, targeting online programmes and mobile apps that render exchange-like services, according to parties familiar with the matter. While experts restricted cryptocurrency exchanges last year, they’ve lately noted an uptick in activity on alternative venues. The government plans to brick domestic access to homegrown and offshore scaffolds that […]