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Collective Change of Ownership for Crypto Exchanges? The Positioning Competition Among South Korean Financial Giants
Securities firms and banks work together to reposition the landscape of cryptocurrency in South Korea.
Korea Investment & Securities and OKX Ventures each invested 80 billion won to acquire a 19.6% stake in Coinone
According to CoinDesk, South Korea's major brokerage firm Korea Investment & Securities (KIS) and the investment institution OKX Ventures under the cryptocurrency exchange OKX officially signed an agreement on May 29, with both parties investing 80 billion won (approximately 53 million USD) each to ...
The Samsung SK Hynix Leveraged ETF will be listed this Wednesday
According to the Science and Technology Innovation Board Daily, South Korea will launch a single leveraged exchange-traded fund linked to semiconductor giants Samsung Electronics and SK Hynix this Wednesday.Documents released by the Financial Services Commission and the Financial Supervisory Service...
The Korean FSC is reviewing whether Hana Bank's acquisition of Dunamu shares violates regulatory rules
According to iNews24, the Financial Services Commission (FSC) of South Korea is reviewing whether Hana Bank's acquisition of Dunamu shares violates the "separation of finance and virtual assets" regulatory rules. The virtual assets department of the Financial Services Commission stated that Hana Ban...
Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
Overview of Important Market Events on May 18
Circle CEO plans to visit South Korea next week to meet with banks and CEX to promote USDC adoption
As USDC's trading volume continues to soar in South Korea, Circle CEO Jeremy Allaire plans to visit Korea next week to meet with executives from several major commercial banks and leading cryptocurrency exchanges to discuss the application scenarios of stablecoins in Korea, international payment coo...
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