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

January 16, 2018 3:59 AM EST

Broken representation of the Bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illustration picture, December 21, 2017. REUTERS/Dado Ruvic/Illustration

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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