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Sci-Tech
Monday Jan 08 2018
By
REUTERS

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

By
REUTERS
Sparks glow from broken Bitcoin (virtual currency) coins in this illustration picture, December 8, 2017. Photo: Reuters
 

NEW YORK: Bitcoin fell below $15,000 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.

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