1/ As mentioned a few times before, I'm confident that there is no possibility of a crypto shutdown in the Korean market, which is making the second-largest volume of on-ramp in the world.
Here are some more news coming out today.
Here are some more news coming out today.
2/ The head of the Korean Financial Services Commission, who mentioned the possibility of an exchange closing last month, completely reversed the remark:
"It was intended to move assets from risky exchanges to safer exchanges..."
news.naver.com/main/read.nhn?…
"It was intended to move assets from risky exchanges to safer exchanges..."
news.naver.com/main/read.nhn?…
3/ He also made it clear that he would protect crypto asset on a reported cryptocurrency exchange. The Korean crypto market is safe from regulation and is in a soft landing.
news.naver.com/main/read.nhn?…
news.naver.com/main/read.nhn?…
4/ The deputy director of the FSS is about to move to Upbit.
Korea is a country driven by the logic of the capital market. As the crypto industry grows, we will see more events attracting ex-executives from Korean financial regulators.
n.news.naver.com/article/001/00…
Korea is a country driven by the logic of the capital market. As the crypto industry grows, we will see more events attracting ex-executives from Korean financial regulators.
n.news.naver.com/article/001/00…
5/ This trend is also closely related to the presidential election next spring. Korean 20s and 30s are investing more in crypto than stocks. At this time, it is difficult to win the election for a political party that reveals an illogically negative position on crypto.
6/ The king of Korea is the voting public. Remember Korea is a democratic republic that impeached the last president through protests by the people. /Fin.
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