Bitcoin prices fall as South Korea says ban still an option Prices of bitcoin and other digital currencies have skidded after South Korea's top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible. Finance Minister Kim Dong-yeon said in an interview with local radio station TBS that banning trading in digital currencies was "a live option." He said the decision was subject to a thorough government review. "There are no disagreements over regulating speculation," such as using real-name accounts and levying taxes on crypto currency trading, Kim said. Shutting down digital currency exchanges is "a live option but government ministries need to very seriously review it," he said. Bitcoin was trading at $12,615.60, down 7.1 per cent from the day before as of 8:03 am GMT, according to Coindesk. The price of ethereum, another digital currency, had slipped 7.8 per cent to $1,190.45 as of 8:04 a...
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