5 Times Cryptocurrencies Rocked South Korea In 2017

For tech around the world, 2017 was the year of cryptocurrency. The heart-stopping volatility of Bitcoin and Ether is even more inflated in South Korea, where Bitcoin reached a whopping 25 million won ($24,000) on Dec. 8. With 2 million people buying into digital currencies, the Korean won processes the third-highest volume of Bitcoin transactions behind the dollar and yen.

That fire is still ablaze despite authorities eyeing heavy-handed regulations. South Korea has become a stage for the clashbetween conservative regulators and thrill-seeking investors. Here are five ways the cryptocurrency craze rocked South Korea this year.

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