https://www.bloomberg.com/news/articles/2017-12-28/bitcoin-drops-as-south-korea-says-exchange-closures-are-possible
South Korea is trying to protect its citizens from the impending collapse of bitcoins by shutting down some cryptocurrency exchanges.
I think South Korea government knows that the Japanese are trying to offload their bitcoins by finding suckers to buy over at a much higher price. Therefore, the SK government has been taking further actions against bitcoins.
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https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-to-impose-new-curbs-on-cryptocurrency-trading-idUSKBN1EM05K
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