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| Moon's approval down amid currency dispute The on-week drop may be attributable to the dispute over a government move to regulate virtual currencies. The average price of cryptocurrencies was said to have plunged over 20 per cent after Justice Minister Park Sang-ki hinted at completely shutting down local exchanges on Thursday. Only a few ...
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| FSC Chief Affirms Gov't Intention to Regulate Virtual Currency In the face of public criticism over the government seeking to regulate virtual currency, Financial Services Commission Chairman Choi Jong-ku said ... He said that the government regulations are not aimed at virtual currency itself or Blockchain Technology, stressing that the government will promote the ...
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| Gov't to Decide on Virtual Currency Exchanges Shutdown After Coordination Anchor: The government says it will decide on ways to shut down virtual currency exchanges after carrying out sufficient consultations among related ... Jung said the idea of closing virtual currency exchanges mentioned by the justice minister last week is one of the measures the Justice Ministry came ...
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| Bond notes untenable, says Minister Deputy Finance Minister Terrence Mukupe told The Sunday Mail last week that there was need to take steps towards introducing a local currency once "fundamentals are in place". "The official position is that we have bond notes in place, but that situation is not tenable. But we cannot have our own ...
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| Investor buys Russian power stations to use them for crypto-currency mining A Russian private investor has bought two comparatively small power stations in Russia to convert them into facilities for crypto-currency mining. Alexei Kolesnik, who bought the stations from Russian billionaire Viktor Vekselberg, told Moscow-based business daily Kommersant that he planned to put off ...
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