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Korea's Crypto Craze

Trading volume dominates in $2 billion-a-day market

South Korea, accounting for 1.9 percent of global economic output, has emerged as a sort of ground zero for cryptomania. Even with its prime minister recently warning that cryptocurrencies might corrupt the nation’s youth, South Korea accounted for 20 percent of global bitcoin trading in the past 24 hours on exchanges that charge fees, according to Coinmarketcap.com.

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