By FDI Creative Services on 01/08/2018
Category: Security News

Bitcoin drops below $15,000 as South Korea reviews accounts

NEW YORK (Reuters) - Bitcoin fell below $15,000 (11,073.38 pounds) on Monday after South Korea’s financial regulator said it and other agencies are inspecting six local banks that offer digital currency accounts to institutions.

Bitcoin, the world’s biggest virtual currency by market value, was last down 7.57 pct at $14,902.99 on the Luxembourg-based Bitstamp exchange.

Reporting by Richard Leong

Our Standards:The Thomson Reuters Trust Principles.

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