Forbes reports today that new Korean government regulation may soon restrict foreigners from accessing Korean cryptocurrency exchanges at the end of this month. South Korea is an important market for cryptocurrencies and so this restriction may impact trading volume, and therefore the price of currencies. The South Korean government is taking these steps due to the influx of foreign money that could be criminally related. South Korean cryptocurrency buyers and owners were panicked at first when they thought that the government was going to totally ban currency trading – but that turned out not to be the case. The South Korean government has also been taking police action against some exchanges which were thought to be operating illegally.

Click to see the full Forbes article by Stephen Pope