S. Korea students dive into virtual coins, even as regulators crack down - RTRS

According to the latest Reuters report, a frenzy for bitcoin and other virtual currencies that is gripping young students in South Korea hasn’t cooled-off, despite the recent announcement of the new measures to curb the young citizens from entering the speculative cryptocurrency market.

Eoh Kyong-hoon, who found the club, Cryptofactor, noted: “I no longer want to become a math teacher. I’ve studied this industry for more than 10 hours a day over months, and I became pretty sure that this is my future.”

Eoh added that the talk of more regulation had not dented his plans, especially after making what he said was a 20-fold gain on his investments over the past six months.