Published on : 2017-04-26 20:52:55

The official declined to give further details, but the announcement underscores how global regulators are grappling with the frenzy over cryptocurrencies, just days after the launch of the world’s first bitcoin futures. South Korean policymakers are facing a growing chorus of calls to regulate the market as sharp volatilities in virtual currency trading such as bitcoin has created a new tribe of traders called “bitcoin zombies. Bitcoin-related shares slumped in early trade. Your home for online Forex and CFD trading AvaTrade is a regulated forex broker, dedicated to providing its clients with tailor-made trading solutions, regardless of prior knowledge or experience. Vidente Co Ltd and Omnitel Inc, which hold stakes of South Korea’s biggest bitcoin exchange Bithumb, fell 8. Bitcoin mining-related company JCH Systems Inc shares dropped 4.

With AvaTrade you can begin trading immediately on any of our powerful platforms. SPONSORED FINANCIAL CONTENTYour home for online Forex and CFD trading AvaTrade is a regulated forex broker, dedicated to providing its clients with tailor-made trading solutions, regardless of prior knowledge or experience. No decisions have yet been made, however, on regulating the market. ” Earlier on Wednesday, Australia’s central bank governor said the fascination with virtual currencies feels more like a “speculative mania. For more on bitcoin, watch Fortune’s video: South Korea currently bans all financial institutions from dealing with virtual currencies. ” The comments come days after his New Zealand counterpart said bitcoin appeared to be a “classic case” of a bubble and that its future was in doubt.

Therefore, AvaTrade is committed to provide top educational materials, teaching and training traders all about the markets and the trading world. Learn from the Best The education and enrichment of our traders stands in the core of our activity, and is a crucial part of allowing our customers to trade with confidence. Bitcoin is trading at $16,850 on the Luxembourg-based Bitstamp exchange on Wednesday, near is liftime high of $17,428 reached on Tuesday.Decred.
. But the country is among the world’s biggest bitcoin markets and is home to the world’s most active virtual currency exchange, Bithumb. Our educational segment constantly develops and is refreshed with new content, as part of our mission to inspire people and expand their horizons, while mastering their trading skills. .


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KuCoin Shares to MYSTIC

SEOUL, Dec 13 (Reuters) – South Korea’s government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday. The official declined to give further details, but the announcement
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Foreigners and minors will be prevented from creating accounts or trading virtual currencies in South Korea, the government said, while it will also tax profits for investors.
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