Conservative Candidate Yoon Suk-Yeol Wins South Korea’s Presidential Election
Yoon defeated his liberal opponent in a contest in which cryptocurrency issues were unusually prominent. Source
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Crypto Policy Is on the Agenda in Seoul as South Koreans Head to the Polls
Platforms of both major parties mention digital assets during a campaign that is historically close Source
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South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges – Regulation Bitcoin News
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because the exchanges are not registered to offer derivatives in the country. Exchanges Not Registered
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South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine – Bitcoin News
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny Withdrawals From Russia Several crypto trading platforms in South Korea, including the country’s largest,
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Experts weigh in on new crypto regulations in South Africa
As part of a series of amendments to South Africa’s financial laws, crypto-asset service providers will become accountable institutions. A report from the South African treasury announced further crypto regulations “to be finalized during 2022.”In brief, the proposed changes will ensure that “any person providing advice or intermediary services related
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South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 million. Funds Raised to Finance Valr’s Expansion Into Other Markets The South African cryptocurrency exchange, Valr, recently
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South Korean crypto market grows to $45.9B in 2021 despite strict regulations
South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission.South Korea is considered among the strictest crypto markets in terms of regulatory policy implementations and made regular headlines throughout
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South African exchange raises $50M in Africa’s largest funding round
South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange.With this latest round of funding, VALR’s valuation has increased to $240 million, a 10X in growth since it raised its $3.4 million in a Series
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South Korea to invest $187M in national Metaverse
South Korea’s Ministry of ICT, Science, and Future Planning pledged 223.7 billion KRW ($186.7 million) to create a broad Metaverse ecosystem to support the growth of digital content and corporate growth within the country.The Ministry wrote in an official statement on Feb. 27 that funds will be spent on completing
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LABEL Foundation Debuts On South Korean Digital Asset Exchange Coinone
LABEL Foundation (LBL) has been listed on South Korean digital asset exchange Coinone. The listing is a huge milestone for the project given that South Korea possesses some of the strictest crypto listing regulations worldwide. The process involves in-depth reporting and high-level scrutiny from local financial watchdogs, all of which
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