Bitcoin and other cryptocurrencies are getting smoked after a report says South Korea is cracking down on exchanges

Markets Insider Cryptocurrency prices are falling after a Reuters report said the South Korean government is preparing a bill to further crack down on the industry. Bitcoin is down 5% Thursday morning. Japan is likely to benefit from crackdowns in South Korea and China. Cryptocurrency markets around the world were rattled Thursday after a report said that South Korean leaders were preparing a bill to ban cryptocurrency trading.Authorities also reportedly raided cryptocurrency exchanges in the co...