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Trading Of Cryptocurrency To Be Stopped By North Korea. - Nairaland / General - Nairaland

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Trading Of Cryptocurrency To Be Stopped By North Korea. by vinco104(m): 3:24pm On Jan 11, 2018
Park Nok-sun, a cryptocurrency analyst at NH Investment & Securities, said the herd behaviour in South Korea’s virtual coin market has raised concerns.

Indeed, bitcoin’s 1,500 percent surge last year has stoked huge demand for cryptocurency in South Korea, drawing college students to housewives and sparking worries of a gambling addiction.

“Virtual coins trade at a hefty premium in South Korea, and that is herd behaviour showing how strong demand is here,” Park said. “Some officials are pushing for stronger and stronger regulations because they only see more (investors) jumping in, not out.”

Source: Villyfresh


READ MORE: http://www.villyfresh.com/2018/01/11/south-korea-abolish-trading-cryptocurrency/

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