Dan Roberts and Myles Udland talk the business of college football and how it stacks up against the NFL. After a South Korean Justice Minister said on Thursday that the country is preparing a bill to ban bitcoin trading, every major cryptocurrency plummeted.

according to Reuters.” data-reactid=”16″>“There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” Justice minister Park Sang-ki said at a press conference, according to Reuters.

raided the offices of two of the country’s largest bitcoin exchanges, Coinone and Bithumb.” data-reactid=”17″>South Korea is one of the world’s largest markets for cryptocurrency activity, and this week officials raided the offices of two of the country’s largest bitcoin exchanges, Coinone and Bithumb.

Yahoo Finance’s cryptocurrency heatmap. Bitcoin, ether, ripple, bitcoin cash, and litecoin all fell by between 5% and 12%.”

data-reactid=”18″>Just before markets opened in New York on Thursday morning, the crypto market was seeing red across the board on Yahoo Finance’s cryptocurrency heatmap. Bitcoin, ether, ripple, bitcoin cash, and litecoin all fell by between 5% and 12%. Read more from finance.yahoo.com…

thumbnail courtesy of yahoo.com