South Korea News: South Korea’s finance minister said the government has no plans to shut down cryptocurrency trading, affirming market speculation that authorities won’t go as far as China. “Regulating exchanges is (the government)’s immediate task,” Kim said.

Circle, a cryptocurrency-focused financial-services firm, will announce today that it is buying crypto exchange Poloniex—a move that immediately makes Circle one of the largest and most influential companies in the industry. Fortune’s Robert Hackett profiles a company that hopes to leverage the technology behind Bitcoin to become the bank of the next century.

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