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RE: Bitcoin could blow up thanks to South Korea and the new exchange Upbit and kakao
I've never heard of this Kakao app, but If China doesn't take the lead in the crypto-space, Korea and Japan will be more than happy to become the biggest blockchain mining, trading and innovation hubs in Asia.
Which is why I think the whole China banning bitcoin fiasco was a huge farce from the get-go. I doubt the Chinese are stupid enough to let their neighbors gain a big lead in such a rapidly-growing, global industry.