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Bitcoin down as S Korea plans crypto-currency crackdown

Bitcoin fell 11.6% this morning after South Korea announced it would ban anonymous trading of virtual currencies and crack down on money-laundering activities using them, amid growing fears of a bubble over crypto-currencies.

South Korea is emerging as a key centre for crypto-currency trading, accounting for 20% of global bitcoin transactions, roughly ten times its share of the world...

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Related topics : virtual currency exchange bitcoin / virtual world currency exchange / virtual currency exchange / digital virtual currency and bitcoins / using bitcoin for currency exchange

Venezuela to create digital currency amid crisis

Over the past year, the Venezuelan bolivar has plummeted 95.5% against the dollar on the black market.

Virtual currency is not new for Venezuela - considered by specialists a haven for bitcoin...

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Related topics : virtual currency black market / bitcoin virtual currency mining / exchange bitcoins for dollars / bitcoin dollar exchange / virtual currency market