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South Korea allays fears of Bitcoin shutdown

INTERNATIONAL - South Korea’s finance minister said the government has no plans to shut down crypto- currency trading, soothing investors' worries that the authorities might go as far as China’s tough action in blocking virtual coin platforms. The comment by Kim Dong-yeon yesterday comes as traders at home and around the world have been spooked by conflicting comments from government officials in South Korea - a major hub for crypto- currency trade - that Seoul was planning to ban local digital coin exchanges.
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