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Upbit Begins Crypto Withdrawal Delays + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news The South Korean crypto exchange Upbit will introduce a crypto withdrawal delay system tomorrow to “help limit the damage caused...

South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges


South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...

South Korea To Ban Crypto Exchanges From Handling Privacy Coins


South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...

Crypto-related Shares Surge in South Korea, Canada on PayPal News


The ripple effects of PayPal finally getting on board the crypto gravy train yesterday – enabling bitcoin (BTC), ethereum (ETH) and other altcoin purchases in the USA – are being felt all over the world. In South Korea, firms with relationships with crypto companies have seen their share prices...

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