South Korea’s defense ministry is taking steps to keep soldiers from getting caught up in the cryptocurrency frenzy

Chung Sung-Jun/Getty Images

• South Korea’s Defense Ministry has reportedly warned soldiers against trading cryptocurrencies.
• The military may view cryptocurrency trading as a form of gambling as crypto exchanges have gone largely unregulated in South Korea. 
• Earlier this month, South Korea’s government proposed banning all cryptocurrency trading.
• The move set bitcoin prices plummeting and caused mass panic.

South Korea’s Defense Ministry is taking steps to prevent its soldiers from getting caught up in the cryptocurrency mania. 

The Ministry has reportedly warned its soldiers against entering into cryptocurrency trading, according to Korean daily Chosun Ilbo.

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