Tagged With shut down

The rush to get in on the cryptocurrency boom has spread around the globe, but nowhere more than in South Korea. That fact hasn't slipped by the South Korean government's attention. This week new regulatory measures, including a real name policy, were announced, and the government warned that it could move forward with a shutdown of cryptocurrency exchanges altogether.

Bitcoin markets are nervously sitting in a holding pattern on today as multiple outlets have received confirmation that the Chinese government plans to shut down official exchanges. Investors have settled into a wait-and-see moment that could determine the cryptocurrency's immediate future.