According to CoinDesk, prices of Bitcoin slipped to $13,558.15 (at the time of publishing the article), down 8.95 percent from today's opening price of $14,890.72. Vidente and Omnitel, which are stakeholders of Bithumb, skidded by the daily trading limit of 30 percent each.
Not just this, but there are also reports that the Financial Supervisory Service (FSS) is inspecting six South Korean banks including Woori Bank, Kookmin Bank, Shinhan Bank, NongHyup Bank, Industrial Bank of Korea and Korea Development Bank, in a probe regarding bitcoin trading this week.
It remains to be seen whether this mass selloff is a direct result of raids in South Korea.
"A bill will be introduced after detailed discussion between related government agencies", he said.
Huge demand for bitcoin was triggered in late 2017, after the currency's value surged from around $1,000 per coin at the start of the year to nearly $20,000 by December, before falling to its current value of around $13,600. While investors and coinholders can get more money out of the virtual currency, it has brought increasing amounts of attention from authorities and regulators.
But after the more cautious statements from Cheong Wa Dae and the Justice Ministry in late afternoon, the bitcoin price returned to the 20 million won level.
Start your workday the right way with the news that matters most. It accounts for somewhere in the region of 6 percent to 12 percent of bitcoin trading, according to industry website CryptoCompare.
The announcement came amid a series of raids by South Korean authorities on the country's largest cryptocurrency exchanges, as the government continues turning the screw on virtual currencies.
Markets were in the red across the board during the Asian trading session this morning.
Bitcoin as well as other cryptocurrency is now experiencing a huge slumped as South Korea's ministry of justice reemphasized its proposed ban on crypto trading. That created confusion and triggered a broad selloff among investors. The official, who spoke on condition of anonymity, said that Coinone was cooperating with the investigation.
"We were asked by the tax officials to disclose paperwork and things yesterday", an official at the firm told Reuters, requesting anonymity.
Meanwhile South Korean authorities are investigating six banks now offering virtual currency accounts that have possible links to money laundering.
The transfer of shares between NVF Tech Limited, the holders of Redux and Google was confirmed on the 13th of December, last year. I am not sure but the display-speaker integration may also help Google improve the haptic feedback on their phones.
The protests started in the Iran's second-largest city of Mashhad on December 28 before spreading to other cities. The protests have since dwindled amid arrests of more than 3,700 people, according to one Iranian lawmaker.
U.S. intelligence agencies have concluded that Russian Federation interfered in the election to try to help Mr Trump win. Mueller deputy James Quarles, who oversees the White House portion of the special counsel investigation, also attended.
Former National Security Adviser Michael Flynn and a lower-level foreign policy adviser to the campaign have pleaded guilty to lying to Mueller's investigators and agreed to cooperate with the ongoing probe.
Oil prices have surged more than 13 percent since early December, and there are indications of overheating. Traders are watching the surplus on the five-year average in crude oil inventories for signs of balance.
Earlier today , Mr Wolff saiid his revelations were likely to bring an end to Trump's time in the White House . Wolff hit back at Trump's claims that he lacked access to the White House and never spoke to the president.
Curry has been spectacular in the five games he's played in since returning from the 11-game absence. However, Kevin Durant (strained calf) will be back on the court after missing the past three games.
Atlanta Falcons offensive coordinator Steve Sarkisian is a rumored potential candidate to replace Bevell. We go into a game knowing what the defense is going to give us, the situations we're going to be in".
Paul Getty's grandson, adding that "they could have my salary". "It makes me furious that her talent is undervalued in this way". Williams previously told USA Today she appreciated efforts to reshoot the film, which recounts the kidnapping of oil tycoon J.
In Saban's 11-year tenure, no more than five Crimson Tide juniors have ever declared for the NFL Draft in one season. Ridley's 7-yard touchdown catch with 3:49 left tied the title game against Georgia and Alabama won 26-23 in overtime.
The Rochester-based company announced Tuesday that it's launching its own digital licensing and cryptocurrency similar to Bitcoin. This new system will allow photographers to register their work and receive payments much faster once they've been licensed.
But people with breathing difficulties are being advised to avoid the area until the remainder of the smoke plume is gone. Dublin Airport have moved to reassure travelling passengers that the blaze will not impact any departures.
The five include the northern border state of Tamaulipas and the Pacific coast states of Sinaloa, Colima, Michoacan and Guerrero. Michoacan was so dominated by a drug cartel that vigilantes took up arms in 2013 to drive them out.
Ferguson Wellman Management holds 0.02% of its portfolio in Marathon Petroleum Corporation (NYSE: MPC ) for 11,264 shares. Gideon Capital Inc holds 0.23% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC) for 4,135 shares.
Per previous reports, Wolf signed a four-year deal with the Browns , the same length of the contract Dorsey signed last month. Dorsey and friends will be tasked with correcting that positional weakness right away.
From 1994 to 1999, the Chargers played preseason games in Berlin, Tokyo and Sydney as part of the league's American Bowl series. Moving the Eagles game to London means Philadelphia will go 16 years between regular season visits to Jacksonville.
Workers at the plant are expected to build 300,000 vehicles per year and produce the Toyota Corolla compact auto starting in 2021. They also announced small capital tie-ups, with Toyota gaining 5.05 percent of Mazda and Mazda getting 0.25 percent of Toyota.
The Ministry of the Navy issued a tsunami warning, which was estimated to reach the coast of Quintana Roo at 23:15 hrs. Tsunami warnings were put into effect after the natural disaster struck, but were ultimately canceled.
Meanwhile, Hrithik will be seen as Patna-based mathematician Anand Kumar in a biopic titled Super 30 . Rakesh's tweet read, "Today is perhaps the best day to make the release day of Krrish 4 official".
The Metro Division team will be coached by Barry Trotz of the Washington Capitals and have the Caps' Alex Ovechkin as the captain. He's also known for making a splash on the red carpet, either at the all-star game or the NHL Awards show.
The Un-carrier network is launching a new BOGO sale that includes discounts on some of the hottest smartphones in the market. Likewise, customers who buy a Galaxy Note 8 , S8 Active , or S8+ will get a $750 discount when they purchase a second phone.