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Economy

South Korea joins in Asia-wide bitcoin crackdown

Cryptocurrencies receive the cold shoulder as security fears come to the fore

The value of the virtual currency Bitcoin grew more than 16-fold in 2017.   © Reuters

SEOUL The South Korean Ministry of Justice is considering a total ban on trading in bitcoin, other cryptocurrencies and digital tokens in order to protect individuals from potential scams, a ministry official told the Nikkei Asian Review on Dec. 11.

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