ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Currencies

Over 210,000 petition Seoul to leave cryptocurrency market alone

Young investors angered by government plans to ban exchanges as values tumble

A man walks past an electric board showing exchange rates of various cryptocurrencies at Bithumb exchange in Seoul.   © Reuters

SEOUL -- Investors in South Korea are calling for the government not to meddle in the markets after its threatening messages on cryptocurrencies caused a crash in the value of bitcoin and other virtual currencies.

By Wednesday afternoon, more than 210,000 people signed an online petition asking President Moon Jae-In's government to halt efforts to control the virtual currency market.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more