South Korea Prepares Saltovaloutore Trade Prevention Law

South Korea Prepares Saltovaloutore Trade Prevention Law

South Korea's Justice Minister has declared that the legislature is working to stop the cryptocaut trade, as insurance and tax authorities have reported that the country has raided major exchanges in an investigation into tax evasion. “has major concerns when it comes to virtual coins and the justice ministry is [...]

“has major concerns when it comes to virtual currencies, and the justice ministry is preparing a law to ban the trade in critpolulations through exchanges,” said during a Park Sang-ki press conference.

The minister refused to give further details in fatigue with the plan for the ban, but he has promised to work “together” with the government's processing group, reports “RT” Transmission Periscope.

#Bitcoin Sinking continues, down 30% from peak as China & S. Korea Consider strangling industry https://t.co/J5JxCWtGoj Pic.twitter. com/lr V6qHnoJp

) RT (@RT com) January 10, 2018

Earlier, an official in Coinone, a leader of cryptovatoul exchanges in South Korea, spoke of Returers that “certain National Tax Service officials” raided their office this week.

Sources from police say this company has been investigated since last year, suspecting their actions of <x0-> fortune-game”.

The largest exchange of virtual waves in South Korea, Bitchet, was also attacked Wednesday, according to an official seeking to remain anonymous.

/Periscopi/

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