Thursday, January 11, 2018

Fake News: Reuters Says South Korea ‘Prepares to Ban’ Bitcoin — Years from Now, if Lawmakers Write a Bill



A Bitcoin logo is shown at a Bitcoin trading store in Hong Kong, Thursday, Dec. 21, 2017. Bitcoin is the world's most popular virtual currency. Such currencies are not tied to a bank or government and allow users to spend money anonymously. They are basically lines of computer code that are digitally signed each time they are traded. (AP Photo/Kin Cheung)
Reuters published a misleading report Thursday giving the impression that South Korea was certain to ban the trading of cyber currencies such as Bitcoin, contributing to a panicked sell-off of digital blockchain assets.



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The post Fake News: Reuters Says South Korea ‘Prepares to Ban’ Bitcoin — Years from Now, if Lawmakers Write a Bill appeared first on Squawking Points.

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