INTEREST IN BITCOIN grows in the region just as China limits the trading of Virtual currencies.

Until very recently, China was a center of  Bitcoin activity  while the rest of Asia looked on with very little interest.

The Chinese government has been clamping down on virtual currency activity at the same time that hundreds ans thousands of Japanese have thrown themselves into Bitcoin trading-

Making Japan's Bitcoin exchange BitFlyer, the largest in the world in recent weeks by many methods of counting.

South Koreans have also shown a sudden interest in virtual currencies, though they have generally opted for  Bitcoin  competitors like Ethereum and Ripple.

Trading has been so popular that  two South Korean Exchanges, Bithumb and Coinone have set up store fronts in Seoul, the South Korean capital-

Where people can buy and sell in person.

Japanese trading took off after the government approved legislation in April that creates the first national licensing program in the world for  virtual currency exchange.


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