Korea is not China - this is true. In China, the courts have the ability to overturn irrational or illegal actions taken by the state, in Korea, the department of justice is the tax authority and most powerful arm of the state. Those trading inside Korea are well aware of the excessive fees being exacted by 'Justice Dept friendly exchanges', often 3 or four times the norm in other exchanges. I hope along with my friends here, that this plays out in a rational way and fair and rational market principles prevail for once.
RE: South Korea is NOT banning Bitcoin! ...The rumors are FUD. BTFD and HODL :)