Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is easy.

Advertisement
Advertisement
Advertisement

Bitcoin value could drop with new regulations from China and South Korea

Michael McLaren
Article image for Bitcoin value could drop with new regulations from China and South Korea

At its peak in December 2016, Bitcoin was valued at approximately $20,000 per coin.

But with potential regularity crackdowns in South Korea and China, that value might take a hit.

To find out more, Michael McLaren speaks with RMIT Economics Professor Jason Potts.

“The Chinese and Korean and Australian government can’t do much about the underlying Bitcoin protocol, but they can regulate the tax treatment of it.

“The main issue at the moment is not so much the threat governments are making but just the uncertainty surrounding this.”

Listen to the full interview below

Michael McLaren
Advertisement