January 16, 2018 / 11:01 PM / 6 months ago

Bitcoin falls 25 percent to $10,200 on Bitstamp exchange

SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea’s finance minister said banning trading in cryptocurrencies was still an option.

Bitcoin was last down 25 percent at $10,182.00 on the Luxembourg-based Bitstamp exchange.

Reporting by Wayne Cole; Editing by Sandra Maler

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