That has helped make Japan the world's biggest market for
speculative virtual currency trading, said Thomas Glucksmann, Hong Kong - based head of marketing for Gatecoin, a virtual currency exchange.
Not exact matches
Worried over risks of
speculative trading, in September South Korea banned initial coin offerings, or raising money through bitcoin or other
virtual currencies.
The purpose of this investor advisory is to remind investors that, just like any other
speculative investment,
trading futures on
virtual currencies, including Bitcoin, have certain benefits and various risks.
«Officials share the view that
virtual currency trading is overheating irrationally... and we can no longer overlook this abnormal
speculative situation,» the government statement added, according to AFP.
«Officials share the view that
virtual currency trading is overheating irrationally... and we can no longer overlook this abnormal
speculative situation,» an excerpt from the government's statement added.
The
virtual currency is
speculative, and bitcoin has exceeded 11 million won,
trading volume surpasses the Kosdaq.