Today news
About the same in other media
15.01 - 00:37
S Korea Now Has 24 Licenced Crypto Exchanges – But Most Are Stuck in Crypto-to-Crypto Purgatory
Reading now: 823
Medium-sized South Korean crypto exchanges are gunning for the “big four” trading platforms’ vice-like grip on the industry – but vital banking breakthroughs are still proving elusive.
Last week the regulatory Financial Intelligence Unit (FIU) granted over a dozen crypto exchanges operating permits, EDaily reported, taking the number of registered crypto operators (e.g., exchanges, wallets) in the nation to 29. This number includes five wallet operators and the “big four” crypto trading platforms: Upbit, Bithumb, Korbit, and Coinone. These four firms have obtained the banking partnerships that allowed them to offer fiat on/off ramps.
The remaining 20 firms are exchanges that failed to obtain real name-authenticated banking deals prior to a
Read more on cryptonews.comAbout this in other media
Prosecutors Want to Put ‘Bogus’ Crypto Exchange Chiefs Behind Bars for Life in Legal First cryptonews.com /2 years ago
Cointelegraph Consulting: A look at Terra’s ecosystem cointelegraph.com /2 years ago
Animal Concerts partners with Korea’s Klaytn: K-pop in the Metaverse? cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
