South Korea's Prime Minister on Crypto - Crypto Corrupts the Youth?

South Korea's prime minister is reportedly raising alarms about cryptocurrency's influence on young people as regulators draw up rules for the country's exchanges.

"There are cases in which young Koreans including students are jumping in to make quick money and virtual currencies are used in illegal activities like drug dealing or multi-level marketing for frauds," Prime Minister Lee Nak-yeon said in a statement translated from Korean by CNBC.

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