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China and Japan are largely responsible for cryptocurrency's success Suhaimi Abdullah/Getty Images The age ofcryptocurrenciesis upon us, andtwo countries in particularhave been instrumental in their stratospheric rise: China and Japan. Cryptocurrencies have become popular in China due to the government's stringent control of the yuan — a power they occasionally exercise by artificially devaluing the currency for trading purposes. With private wealth in China growing, affluent individuals have found a more stable and accessible alternative to the yuan in cryptoc...
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