South Korea moves to curb speculation in cryptocurrency trading
30 December, 2017, 00:51 | Author: Regina Lloyd
The reality is that the market is way too overheated and no one wants the cryptocurrency popping on their door steps.
Bitcoin prices continued to plunge in Korea on December 29 following more than 10 percent dip yesterday after the government announced it would adopt real-name transactions for cryptocurrency trading from January.
Following this news, the Bitcoin price has plunged by more than 11% in the past 24 hours and is now trading at $14375.70, according to CoinMarketCap.
As a part of this crackdown, South Korean regulators will close down anonymous accounts next month.
According to a report on Reuters, South Korean authorities are likely to introduce curbs on the trading of cryptocurrencies like bitcoin within the country - specifically anonymous trading.
In statements, the government noted that the prices of digital currencies on domestic exchanges was much higher as compared to global markets. "The government can't let this abnormal situation of speculation go on any longer", the South Korean government said in a statement, as reported by The New York Times. Before this correction, Bitcoin had managed to recover from a major correction last Friday when the cryptocurrency corrected to more than 40% going below $12000.
Bloomberg News reported that South Korea will require cryptocurrency transactions to name participants and ban banks from offering virtual accounts. "We can not leave the abnormal situation of speculation any longer". Many of them believe that there is a huge bubble in the market and this can burst at any point in time.
Cryptocurrencies were trading at a premium on exchanges in the country. The Long Island Iced Tea Corp - an iced tea company that changed its name to Long Blockchain and saw its stock price rise over 200 per cent - saw its price dip by about six per cent after the news from South Korea that had nothing to do with iced tea.
It looks like we might have got away with one there. 'The message was as simple as that and I think he has taken it on'. He said the assistant referee only put his flag up to draw attention to it, and I've never heard of that ever".
CHRISTMAS: Snow in the morning (mix to snow along the shore), partial clearing during the afternoon, and becoming windy and cold. Lows near 10 below are expected Christmas Day morning in Great Falls, according to the National Weather Service .
Trade, Transportation, and Utilities employment grew by 8,200 jobs, and Manufacturing industry jobs increased by 2,700 positions. Lawrence County tied with Oswego County for the fourth highest unemployment rate last month at 6.4 percent.
A supermoon is the term given to full moons which occur at the same time as the moon reaches its closest point to Earth in orbit. Full moons are usually separated by 29 days, but the extra "blue moon" was able to squeeze in this January, which has 31 days.
Moving forward, it'll be Willie Taggart's team after he fled OR to fill the vacant post left by Jimbo Fisher, now at Texas A&M. Haggins will coach the defensive line under the former OR coach, who came to Tallahassee after one season coaching the Ducks.
The addition of a veteran talent like Harrison could be a stroke of genius from the Patriots this late in the season. Former Steelers linebacker James Harrison signed a one-year contract with the Pats today, according to a source.
The wife and mother greeted media persons with a namaste after arriving at the ministry but did not respond to their questions. Other than media and security personnel, no other traffic was allowed in the area around the Pakistan MoFA building.
Once a BJP fortress, it has swung against the party these elections, but has managed maximum representation with seven ministers. Along with him 9 Cabinet ministers and 10 Minister of State also took the oath.
Friday 34.10 cr, Sat 35.30 cr, Sun 45.53 cr, Monday 36.54 cr, Tue 21.60 cr, Wednesday 17.55 cr, Thursday 15.42 cr. Not just Salman, even Katrina has pulled off some breathtaking stunts and jaw-dropping action sequences.
Gallup notes that this poll has been administered 71 times since 1946 and the incumbent president has won 58 of those times. Clinton "remains arguably more prominent than other contenders", Jones wrote in a blog post announcing the findings.
Furthermore, Mi A1 does support Qualcomm's Quick Charge 3.0, but the company does not provide a fast charger with the retail box. The report adds that unlocking fast-charging in the device charges the Mi A1 from 0 to 100 percent in 92 minutes.
Tiger Zinda Hai earns Rs. 173 crore at the Box Office
The film which was directed by Ali Abbas Zafar and also featured Katrina Kaif has been doing brisk business since its release. Trade analyst Taran Adarsh describes the film's box office score as, " Tiger Zinda Haiis a ONE-HORSE RACE".
More Than 40 Dead And Dozens Injured After Bombing In Kabul
An initial blast at the entrance to the compound housing the two offices was followed by two more explosions inside the offices. Bass said: "The United States continues to stand with all Afghans in their pursuit of peace, security, and prosperity".
Ukraine crisis: Prisoner exchange begins
The conflict in Eastern Ukraine started in April 2014 after Russian Federation annexed Ukraine's Crimean penninsula. Numerous captives are not combatants; some are activists and bloggers who were charged with spying or treason.
FBI Deputy Director to retire next year
It is being reported that McCabe confirmed he was told by Comey that Trump demanded a loyalty pledge from the ex-FBI chief. In recent days, President Donald Trump has used his Twitter account to target FBI Deputy Director Andrew McCabe .
Top JeM commander killed in Pulwama encounter
Security forces further tightened the Cordon in the village, they said adding exchange of fire continued till 0400 hrs on Tuesday. Noor was shifted to Srinagar jail and was released on parole in 2015 after which he reported joined JeM to lead the militants.