The cryptocurrency market has begun to recover after the South Korean cryptocurrency
trading ban controversy led the market valuation of cryptocurrencies to fall by more than $ 100 billion.
Shortly thereafter, through the Blue House, the South Korean government publicly emphasized its stance on the cryptocurrency
trading ban controversy, and concluded that there will be no ban on cryptocurrency investment in the short - term.
On January 12, the Blue House, the executive office of President Moon Jae - in, made a public statement and apologized to South Korean citizens for the recent cryptocurrency
trading ban controversy.
Not exact matches
But for the first year ever, the Yulin
controversy reached Chinese President Xi Jinping in the form of a formal resolution drafted by U.S. Congressman Alcee Hastings (D - Fla), and a letter from HSI — along with the signatures of 11 million people from around the world — calling on China to shut down the festival and
ban the
trade.
Controversy over the Chinese dams recently led the European Climate Exchange (ECX), the world's leading market for
trading carbon credits, to renew its
ban on large hydropower Certified Emission Reductions (CERs), which are carbon credits issued by the CDM executive board.
California's
ban of the sale and
trade of shark fins was not without
controversy.
Otitoju agrees, adding that while Bitcoin could well be the future of open, unregulated
trade, it still has its share of
controversies: «It's had a bit of a shaky start, with Silk Road, the volatile
trading of the past few months, and the Chinese government
banning the official
trading of Bitcoin there.»
Since last week, a wave of
controversy has arisen in South Korea over the government's attempts to more strictly regulate crypto markets, like the
banning of the use of anonymous virtual accounts connected to crypto exchanges, forbidding underage citizens and foreigners to invest in crypto markets, and falsey announcing a total blanket
ban on cryptocurrency
trading.
For example, the Tether
controversy, or South Korea completely
banning cryptocurrency
trading, among others.