Bitcoin Sells for $65,882 in South Korea as Kimchi Premium Resurfaces

[Rakin343]

A bloodbath in the crypto markets today sunk the price of Bitcoin price on global markets to lows of $52,144, down 8% from yesterday.
But the price is far higher on South Korean exchanges such as Bithumb and Korbit. On those exchanges, the Bitcoin against the Korean won for the equivalent of $65,882.
That’s 26.% more than Bitcoin / USD pairing on global exchanges, such as Binance and Coinbase.
New restrictions on the flow of money are behind the difference, Doo Wan Nam, head of business development in Asia for governance protocol Maker, told Decrypt. Source