Bitcoin rallies as South Korea quells fears of a cryptocurrency ban

Markets Insider South Korea stunned cryptocurrency markets in January by considering a ban on exchanges. An official has quelled those fears, saying the government will work to make crypto more transparent, according to Bloomberg. Bitcoin is up more than 8% Wednesday morning. You can track its price in real-time here. Bitcoin is up more than 8% Wednesday morning, mirroring the broader cryptocurrency market, after the South Korean government appeared to backpedal on its reported plans to ban cryp...