S.Korea plans to close cryptocurrency exchanges, bitcoin dives

South Korea is preparing to shut down cryptocurrency exchanges in the country, its justice minister warned Thursday, sending prices of bitcoin and other virtual units into a tailspin.A series of measures have failed to curb overheated virtual currency speculation in the country and Justice Minister Park Sang-Ki said it would be "devastating if the bubble bursts"."The ministry is preparing legislation that basically bans any transactions based on a virtual currency through the t

11 January 2018