Bitcoin plunges over crackdown fears
Bitcoin dropped more than 18% (Reuters) to nearly $11,000 over fears of crypto crackdowns in China and South Korea. Bloomberg reported that Chinese regulators plan to block domestic access to platforms and apps that offer "exchange-like" services; the nation banned domestic exchanges last year (Fortune). In South Korea, the country's finance minister said a complete crackdown on cryptocurrencies was still possible (The Independent), and that the government was finalizing plans for certain new regulations. Last week, reports that South Korea could ban cry…