Bitcoin trading closed in this country.

While bitcoin is considered to be a good option for investment, there is an uncertainty around the world.

In South Korea, the third largest country in Asia, trading in Bitcoin, has been banned from buying and selling this virtual currency. The Reserve Bank of India (RBI) has warned people about its risks in the midst of the noise surrounding bitcoin in the world. Of course, Bitcoin is making people richer overnight but New Zealand's central bank has called it a bubble of virtual currency. Overall, uncertainty continues around the world, without any regulatory bitcoin.

South Korea: South Korea's PMO said, "Seoul is trading in the virtual currency in all financial institutions of the country. It involves the purchase of a virtual currency, possessing or keeping it as a collateral. "The announcement of the biggest bidore exchange in the country, after the announcement, has dropped by five percent.

Japan and the United States are the first and second place in the list of countries in betacoin. This information has come up through a crypto bundled data site cryptocomputer. Also South Korea is the second largest market of virtual currency, such as atherium, light coin and ripple.

20 percent of total global bidocoin transactions are in South Korea. It is believed that around 10 lakh people have a bitcoin in the country. Also, the demand is so high that the cost of one unit is 20 percent more than the US. At the global level, prices of bitter cotton have seen a sharp bounce. This virtual currency touched a level of $ 17,000 this week due to less than $ 1,000 in January this year.

New Zealand's central bank told Bitcoin Bubble-
New Zealand's central bank said, "Bitcoin is a bubble and the use of crypto kerns is very uncertain in the future. Can never find any of the bubble No one can know that how much will it cost before it falls. "This year, the increase in Bitcoin has increased by 1500 percent. It has also seen an increase of 85 percent in the last two weeks. For information, please note that the cost of total bitcoin in Circulation is more than New Zealand's $ 185 billion economy.

Reserve Bank of India also cautioned three times
On December 5 RBI has mentioned earlier warnings in this regard. It is also said that in view of the many VC evaluations, we are reiterating our concerns again, considering the rapid increase in rally and initial co-offer (ICO). Bitcoin does not regulate any monetary authority. Trading has not been recognized in this. Therefore trading in virtual currency is quite risky.

What to say about the Expert-
Ajay Kedia, chief of the Kedia Commodity, said that the first thing is that bitcoine is not a currency. According to the definition of currency, the currency of any country does not bounce up to three times in a few weeks, because the currency is stable and used in transactions. Bitcoin recently reached the level of $ 11000 and after that it fell to 9000 dollars. However, after a few days it crossed the $ 18,000 mark. There is no such fluctuation in any currency. Such impairment can usually come in an investment option. The way SEBI-like regulator has been set up to monitor stock market but there is no regulator for bitcoin. It operates a private player internationally. As you all know, Bitcoin is procured through a digital medium. In such a case, if someone hacks your system and steals your bitcoin, then who will you listen to your complaint?