Date: January 10th, 2018 10:52 PM Author: onyx public bath idea he suggested
"There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges," Park Sang-ki said at a press conference, according to the ministry's press office.
He added that he cannot disclose details about the proposed shutdown of virtual currency exchanges but will jointly work with the government task force.
He then proceeded to open a position of 10,000,000 long btc contracts on bitmex levered at 200x.
Date: January 10th, 2018 10:52 PM Author: sick telephone pozpig
When China did this, the Chinese exchanges just swapped out for servers in the BVI, or whatever. I don't see how the government could effectively crack down on crypto if they don't control the Internet.
China, by the way, is likely going to loosen up on crypto this year.