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South Korea Supreme Court DROPS $BTC BOMBSHELL!
$BTC on exchanges NOW LEGALLY SEIZABLE. This ruling ends the "intangible data" debate. Money launderers busted. Exchanges MUST comply with asset freezes. Legal power over digital assets on exchange is ABSOLUTE. This cleans up the Korean market.
Disclaimer: For informational purposes only. Not investment advice.
#CryptoNews #Bitcoin #Korea #Regulation 🚨
$BTC on exchanges NOW LEGALLY SEIZABLE. This ruling ends the "intangible data" debate. Money launderers busted. Exchanges MUST comply with asset freezes. Legal power over digital assets on exchange is ABSOLUTE. This cleans up the Korean market.
Disclaimer: For informational purposes only. Not investment advice.
#CryptoNews #Bitcoin #Korea #Regulation 🚨
South Korea’s Digital Asset ETF Move Signals a New Phase for Crypto Markets
South Korea is preparing for a major policy shift in its approach to digital assets. The Financial Services Commission (FSC) has confirmed that spot Bitcoin ETFs are expected to be listed on the Korea Exchange (KRX) under the country’s 2026 Economic Growth Strategy. This move reflects growing regulatory acceptance and positions South Korea as a potential hub for institutional crypto investment in Asia.
From a market perspective, Bitcoin is currently consolidating near the $90,000 region, with momentum indicators suggesting stability rather than exhaustion. The Relative Strength Index (RSI) remains in neutral-to-bullish territory, indicating that price action is not yet overheated. Ethereum, meanwhile, continues to test psychological support near $3,000, where buyers are attempting to defend key levels amid cautious sentiment.
Market dynamics within South Korea are also evolving. Retail participation has declined noticeably, while institutional activity now accounts for more than 90% of domestic trading volume. This shift has contributed to the normalization of the Kimchi Premium, which has stabilized within a narrower range compared to earlier cycles. Such conditions suggest a more mature and less speculative local market structure.
Whale and smart-money data reveal a mixed but constructive outlook. Bitcoin whale positions are split between longs and shorts, while Ethereum whales show a higher concentration of short exposure at elevated price levels. Despite this, top trader signals continue to favor buying, particularly during short-term pullbacks, indicating confidence among professional participants.
However, risks remain. Elevated leverage across derivatives markets has resulted in significant liquidations over the past 24 hours, highlighting ongoing volatility. In addition, regulatory friction between South Korea’s financial authorities regarding stablecoin oversight could delay ETF implementation, raising the possibility of a short-term “sell-the-news” reaction.
Overall, the broader trend points toward gradual institutional accumulation rather than aggressive speculation. If regulatory clarity improves and key technical levels hold, South Korea’s ETF initiative could become a meaningful catalyst for the next phase of crypto market development.
#etf #ETFvsBTC #Korea
From a market perspective, Bitcoin is currently consolidating near the $90,000 region, with momentum indicators suggesting stability rather than exhaustion. The Relative Strength Index (RSI) remains in neutral-to-bullish territory, indicating that price action is not yet overheated. Ethereum, meanwhile, continues to test psychological support near $3,000, where buyers are attempting to defend key levels amid cautious sentiment.
Market dynamics within South Korea are also evolving. Retail participation has declined noticeably, while institutional activity now accounts for more than 90% of domestic trading volume. This shift has contributed to the normalization of the Kimchi Premium, which has stabilized within a narrower range compared to earlier cycles. Such conditions suggest a more mature and less speculative local market structure.
Whale and smart-money data reveal a mixed but constructive outlook. Bitcoin whale positions are split between longs and shorts, while Ethereum whales show a higher concentration of short exposure at elevated price levels. Despite this, top trader signals continue to favor buying, particularly during short-term pullbacks, indicating confidence among professional participants.
However, risks remain. Elevated leverage across derivatives markets has resulted in significant liquidations over the past 24 hours, highlighting ongoing volatility. In addition, regulatory friction between South Korea’s financial authorities regarding stablecoin oversight could delay ETF implementation, raising the possibility of a short-term “sell-the-news” reaction.
Overall, the broader trend points toward gradual institutional accumulation rather than aggressive speculation. If regulatory clarity improves and key technical levels hold, South Korea’s ETF initiative could become a meaningful catalyst for the next phase of crypto market development.
#etf #ETFvsBTC #Korea
KOREAN SUPREME COURT JUST MADE BITCOIN SEIZABLE!
This changes EVERYTHING. South Korea's top court ruled Bitcoin on exchanges IS an asset subject to seizure. They've already seized 55.6 BTC from a money launderer. This means crypto linked to crime can be FROZEN on exchanges. Expect stricter KYC and tracking NOW. Your holdings on Upbit and Bithumb are under new scrutiny. This is a massive regulatory shift. Act fast.
Disclaimer: Not financial advice.
#CryptoRegulation #Bitcoin #Korea #MarketShift 🚨
This changes EVERYTHING. South Korea's top court ruled Bitcoin on exchanges IS an asset subject to seizure. They've already seized 55.6 BTC from a money launderer. This means crypto linked to crime can be FROZEN on exchanges. Expect stricter KYC and tracking NOW. Your holdings on Upbit and Bithumb are under new scrutiny. This is a massive regulatory shift. Act fast.
Disclaimer: Not financial advice.
#CryptoRegulation #Bitcoin #Korea #MarketShift 🚨
🇰🇷 HÀN QUỐC: BITCOIN TRÊN SÀN CÓ THỂ BỊ TỊCH THU $POL
Tòa án Tối cao Hàn Quốc phán quyết rằng Bitcoin được lưu trữ trên các sàn giao dịch tập trung có thể bị tịch thu theo luật hình sự, $BROCCOLI714 đánh dấu một tiền lệ pháp lý quan trọng đối với tài sản số tại quốc gia này.$ADA
#korea #CPIWatch #BTCVSGOLD
Tòa án Tối cao Hàn Quốc phán quyết rằng Bitcoin được lưu trữ trên các sàn giao dịch tập trung có thể bị tịch thu theo luật hình sự, $BROCCOLI714 đánh dấu một tiền lệ pháp lý quan trọng đối với tài sản số tại quốc gia này.$ADA
#korea #CPIWatch #BTCVSGOLD
🇯🇵🇰🇷 Asian Markets Wrap — Correction Mode
Today, Japan and South Korea closed in the red, showing some short-term correction vibes:
Nikkei 225: -844.72 pts (-1.63%) → closed at 51,117.26, amid economic outlook concerns
KOSPI: -0.02% → 4,550.13, relatively steady compared to Japan
These differing moves highlight regional investor sentiment — worth watching closely to see which way momentum shifts next 🚀📉
$GUN $BABY $AMP
#Japan #Korea #GDP #market #WriteToEarnUpgrade
Today, Japan and South Korea closed in the red, showing some short-term correction vibes:
Nikkei 225: -844.72 pts (-1.63%) → closed at 51,117.26, amid economic outlook concerns
KOSPI: -0.02% → 4,550.13, relatively steady compared to Japan
These differing moves highlight regional investor sentiment — worth watching closely to see which way momentum shifts next 🚀📉
$GUN $BABY $AMP
#Japan #Korea #GDP #market #WriteToEarnUpgrade
SOUTH KOREA STABLECOIN BOMBSHELL REVEALED!
South Korea's financial regulators have flipped their stance. Banks will now lead stablecoin issuance. This means stricter rules for exchanges: higher IT stability, hacker loss compensation, and massive fines. Issuers need 50 billion KRW ($3.7 million) capital. The market is bracing for impact.
#CryptoNews #Stablecoin #Regulation #Korea 🇰🇷
South Korea's financial regulators have flipped their stance. Banks will now lead stablecoin issuance. This means stricter rules for exchanges: higher IT stability, hacker loss compensation, and massive fines. Issuers need 50 billion KRW ($3.7 million) capital. The market is bracing for impact.
#CryptoNews #Stablecoin #Regulation #Korea 🇰🇷
🇯🇵🇰🇷 Japanese and South Korean markets both ended in the red today, feeling some correction vibes. Nikkei 225 dropped 844.72 points (-1.63%) to close at 51,117.26 amid worries over the economic outlook. Over in Korea, KOSPI dipped just 0.02% to 4,550.13, staying pretty steady overall. These different moves show varying investor moods in the region—worth keeping an eye on how things play out next! 🚀📉
$GUN $BABY $AMP
#Japan #Korea #GDP #market #WriteToEarnUpgrade
$GUN $BABY $AMP
#Japan #Korea #GDP #market #WriteToEarnUpgrade
💥 $ETH 110 Billion Flows Out of Korean Exchanges in 2025 🚨
Last year, an estimated $110B in crypto moved from South Korean exchanges to self-custody wallets and international platforms — driven by stricter domestic regulations that tightened retail trading access.
Key Highlights:
Korean traders spent
$3.36B in trading fees on overseas exchanges
Binance dominated the outflow, capturing 58% of the volume
The capital didn’t exit crypto entirely — it simply left Korea’s jurisdiction
Regulation changed where trading occurs, not if it occurs 👀
This shows how regulatory pressure can redirect liquidity globally without killing market activity. Korean premium may fade, but the demand is stronger than ever.
What’s your view — more regulatory arbitrage ahead, or will Korea ease up? Drop your thoughts below
#Korea #Binance #Regulation #CryptoFlow #SelfCustody
Last year, an estimated $110B in crypto moved from South Korean exchanges to self-custody wallets and international platforms — driven by stricter domestic regulations that tightened retail trading access.
Key Highlights:
Korean traders spent
$3.36B in trading fees on overseas exchanges
Binance dominated the outflow, capturing 58% of the volume
The capital didn’t exit crypto entirely — it simply left Korea’s jurisdiction
Regulation changed where trading occurs, not if it occurs 👀
This shows how regulatory pressure can redirect liquidity globally without killing market activity. Korean premium may fade, but the demand is stronger than ever.
What’s your view — more regulatory arbitrage ahead, or will Korea ease up? Drop your thoughts below
#Korea #Binance #Regulation #CryptoFlow #SelfCustody
South Korea Sees Explosive Trading Volume in 10 Altcoins – Here’s the List.The South Korean cryptocurrency market has seen remarkable activity in the last 24 hours.
When data from Upbit and Bithumb, the country’s two largest exchanges, are analyzed together, it is seen that trading volume has increased sharply, especially in some altcoins.
This surge in trading volume, concentrated in KRW pairs, indicates that South Korean individual investors are once again focusing on high-risk, short-term price movements. XRP, memecoins, and next-generation projects were among the prominent players contributing to the volume increase.
Here are the top-ranked altcoins according to trading volume data from two cryptocurrency exchanges:
XRP – $264.1 million
Dogecoin (DOGE) – $73.0 million
Pepe (PEPE) – $61.3 million
Solana (SOL) – $56.9 million
Official Trump (TRUMP) – $46.4 million
Pudgy Penguins (PENGU) – $40.3 million
Bonk (BONK) – $38.8 million
Virtuals Protocol (VIRTUAL) – $31.0 million
World Liberty Financial (WLFI) – $19.3 million (Upbit only)
Worldcoin (WLD) – $18.8 million (Bithumb only).With a total volume exceeding $260 million, XRP is by far the leader, while the heavy trading activity seen in memecoins like DOGE, PEPE, and BONK demonstrates the speculative nature of the South Korean market.$PEPE
$DOGE
$BONK
#altcoins #memecoin🚀🚀🚀 #SouthKoreaCrypto #Korea
When data from Upbit and Bithumb, the country’s two largest exchanges, are analyzed together, it is seen that trading volume has increased sharply, especially in some altcoins.
This surge in trading volume, concentrated in KRW pairs, indicates that South Korean individual investors are once again focusing on high-risk, short-term price movements. XRP, memecoins, and next-generation projects were among the prominent players contributing to the volume increase.
Here are the top-ranked altcoins according to trading volume data from two cryptocurrency exchanges:
XRP – $264.1 million
Dogecoin (DOGE) – $73.0 million
Pepe (PEPE) – $61.3 million
Solana (SOL) – $56.9 million
Official Trump (TRUMP) – $46.4 million
Pudgy Penguins (PENGU) – $40.3 million
Bonk (BONK) – $38.8 million
Virtuals Protocol (VIRTUAL) – $31.0 million
World Liberty Financial (WLFI) – $19.3 million (Upbit only)
Worldcoin (WLD) – $18.8 million (Bithumb only).With a total volume exceeding $260 million, XRP is by far the leader, while the heavy trading activity seen in memecoins like DOGE, PEPE, and BONK demonstrates the speculative nature of the South Korean market.$PEPE
$DOGE
$BONK
#altcoins #memecoin🚀🚀🚀 #SouthKoreaCrypto #Korea
🔥 South Korea is Loading $SOL While Everyone Else Sleeps! 🇰🇷
South Korean retail investors are aggressively buying BitMine Immersion Technologies (BMNR) shares – even after an 80% price correction! 🤯
This isn't just a bounce; BMNR is now the second most popular foreign stock traded in Korea, pulling in a massive $1.4 billion in inflows. The catalyst? A strategic shift towards an $ETH reserve fund.
What does this mean? Korean demand is a powerful force, and they're betting big on BitMine's future. Keep a close eye on this one – it could signal a broader trend. 🚀
#SOLana #CryptoNews #Korea #ETH 🚀
South Korean retail investors are aggressively buying BitMine Immersion Technologies (BMNR) shares – even after an 80% price correction! 🤯
This isn't just a bounce; BMNR is now the second most popular foreign stock traded in Korea, pulling in a massive $1.4 billion in inflows. The catalyst? A strategic shift towards an $ETH reserve fund.
What does this mean? Korean demand is a powerful force, and they're betting big on BitMine's future. Keep a close eye on this one – it could signal a broader trend. 🚀
#SOLana #CryptoNews #Korea #ETH 🚀
$1MBABYDOGE /USDT trading pair is showing a slight positive trend, currently priced at 0.0022698, up by 2.56% in the last 24 hours. The price has fluctuated between a low of 0.0021824 and a high of 0.0023050, with 5.37 billion $1MBABYDOGE traded and 12 million USDT in volume, indicating active trading. Resistance is observed near 0.0023050, while support is at 0.0021824. The price is holding within this range, and technical indicators suggest the potential for further price movement, either to test resistance or retrace to support. Traders should watch for a breakout above 0.0023050 for further bullish momentum or a pullback to support levels for a buying opportunity.
#BTCStateReserves #ETHProspects #Korea #Kabosu #BTCStateReserves $1MBABYDOGE
#BTCStateReserves #ETHProspects #Korea #Kabosu #BTCStateReserves $1MBABYDOGE
Hàn Quốc tạm dừng dịch vụ cho vay tiền điện tử vì lo ngại đòn bẩy quá mức
Hàn Quốc đã tạm thời đình chỉ các dịch vụ cho vay tiền điện tử mới sau một sự kiện thanh lý lớn tại sàn giao dịch #Bithumb , nơi hơn 13% trong số 27.000 người dùng đã bị thanh lý vị thế. Động thái này là phản ứng trực tiếp với rủi ro đòn bẩy ngày càng tăng trên thị trường.
Nguyên nhân và hành động
Ủy ban Dịch vụ Tài chính (#FSC ) của Hàn Quốc cho biết việc tạm dừng là cần thiết vì các công cụ bảo vệ người dùng hiện tại "không đủ" và có "những lo ngại về thiệt hại đối với một trật tự giao dịch lành mạnh." Quyết định này sẽ kéo dài cho đến khi các hướng dẫn chính thức về dịch vụ cho vay được ban hành.
Các nhà phân tích cho rằng hành động của Hàn Quốc không phải là một lệnh cấm vĩnh viễn, mà là một tín hiệu cho thấy chính phủ đang tìm cách kiểm soát chặt chẽ hơn đòn bẩy và rủi ro của nhà đầu tư nhỏ lẻ. Đây được xem là một bước đi cần thiết để tạo ra các quy tắc rõ ràng, bảo vệ người dùng tốt hơn.
Bối cảnh toàn cầu
Sự việc tại Hàn Quốc là một ví dụ cho xu hướng đòn bẩy đang gia tăng trên toàn cầu. Một báo cáo của Galaxy Digital cho thấy tổng giá trị các khoản vay được thế chấp bằng tiền điện tử đã đạt mức cao nhất mọi thời đại là 44.25 tỷ USD, tăng gần 30% so với quý trước.
Các chuyên gia tại Bitfinex cũng chỉ ra rằng tổng giá trị thanh lý vẫn ở mức cao, trung bình hơn 350 triệu USD mỗi ngày trong 30 ngày qua. Điều này cho thấy thị trường đang bước vào một giai đoạn dễ tổn thương hơn với rủi ro thanh lý cao. Hành động của Hàn Quốc có thể tạo tiền lệ cho các quốc gia khác trong việc kiểm soát đòn bẩy và bảo vệ thị trường. #Korea
Nguyên nhân và hành động
Ủy ban Dịch vụ Tài chính (#FSC ) của Hàn Quốc cho biết việc tạm dừng là cần thiết vì các công cụ bảo vệ người dùng hiện tại "không đủ" và có "những lo ngại về thiệt hại đối với một trật tự giao dịch lành mạnh." Quyết định này sẽ kéo dài cho đến khi các hướng dẫn chính thức về dịch vụ cho vay được ban hành.
Các nhà phân tích cho rằng hành động của Hàn Quốc không phải là một lệnh cấm vĩnh viễn, mà là một tín hiệu cho thấy chính phủ đang tìm cách kiểm soát chặt chẽ hơn đòn bẩy và rủi ro của nhà đầu tư nhỏ lẻ. Đây được xem là một bước đi cần thiết để tạo ra các quy tắc rõ ràng, bảo vệ người dùng tốt hơn.
Bối cảnh toàn cầu
Sự việc tại Hàn Quốc là một ví dụ cho xu hướng đòn bẩy đang gia tăng trên toàn cầu. Một báo cáo của Galaxy Digital cho thấy tổng giá trị các khoản vay được thế chấp bằng tiền điện tử đã đạt mức cao nhất mọi thời đại là 44.25 tỷ USD, tăng gần 30% so với quý trước.
Các chuyên gia tại Bitfinex cũng chỉ ra rằng tổng giá trị thanh lý vẫn ở mức cao, trung bình hơn 350 triệu USD mỗi ngày trong 30 ngày qua. Điều này cho thấy thị trường đang bước vào một giai đoạn dễ tổn thương hơn với rủi ro thanh lý cao. Hành động của Hàn Quốc có thể tạo tiền lệ cho các quốc gia khác trong việc kiểm soát đòn bẩy và bảo vệ thị trường. #Korea
BDACS & Ripple’s Big Move:
Institutional XRP Custody Arrives in Korea
Curious how XRP is going mainstream in one of Asia’s most crypto-savvy markets? South Korea’s premier custodian BDACS has just flipped the switch on regulated, enterprise-grade custody for XRP—thanks to a fresh partnership with Ripple. Here’s what you need to know:
Partnership Launch
BDACS and Ripple teamed up in February, and as of this week, Korean institutions can now use Ripple Custody to securely store and manage XRP on-chain (Cointelegraph).
Seamless Exchange Integration
BDACS has hooked into the nation’s top trading venues—Upbit, Coinone, Korbit—so institutional clients can move XRP between custody and trading accounts in full regulatory compliance.
Market Rationale
South Korea’s Financial Services Commission is pushing for clearer rules around institutional crypto. This custody service aligns perfectly with that roadmap, giving firms a trusted on-ramp to one of the world’s most traded assets (Cointelegraph).
Ecosystem Impact
With global crypto custody projected to hit $16 trillion by 2030, this move cements XRP’s role as a serious payments infrastructure candidate in Asia—especially in blockchain-friendly zones like Busan (Cointelegraph).
Surging Local Adoption
A recent Hana Institute of Finance survey found 25% of Koreans aged 20–50 hold crypto, and 70% plan to increase their exposure—but 42% want traditional banks involved first. BDACS’s launch addresses exactly that demand (Cointelegraph).
Wider Implications
As ripple effects spread, expect more traditional financial players—banks and institutional investors—to treat $XRP not as a fringe token but as a core infrastructure asset for cross-border payments.
$CFX
#MarketSentimentToday #MarketTrends #BinanceInsights #Korea #china
Source: Cointelegraph, “XRP custody goes live for Korean institutions via BDACS amid ‘strong interest’”
Credit: Amin Haqshanas / Cointelegraph
Institutional XRP Custody Arrives in Korea
Curious how XRP is going mainstream in one of Asia’s most crypto-savvy markets? South Korea’s premier custodian BDACS has just flipped the switch on regulated, enterprise-grade custody for XRP—thanks to a fresh partnership with Ripple. Here’s what you need to know:
Partnership Launch
BDACS and Ripple teamed up in February, and as of this week, Korean institutions can now use Ripple Custody to securely store and manage XRP on-chain (Cointelegraph).
Seamless Exchange Integration
BDACS has hooked into the nation’s top trading venues—Upbit, Coinone, Korbit—so institutional clients can move XRP between custody and trading accounts in full regulatory compliance.
Market Rationale
South Korea’s Financial Services Commission is pushing for clearer rules around institutional crypto. This custody service aligns perfectly with that roadmap, giving firms a trusted on-ramp to one of the world’s most traded assets (Cointelegraph).
Ecosystem Impact
With global crypto custody projected to hit $16 trillion by 2030, this move cements XRP’s role as a serious payments infrastructure candidate in Asia—especially in blockchain-friendly zones like Busan (Cointelegraph).
Surging Local Adoption
A recent Hana Institute of Finance survey found 25% of Koreans aged 20–50 hold crypto, and 70% plan to increase their exposure—but 42% want traditional banks involved first. BDACS’s launch addresses exactly that demand (Cointelegraph).
Wider Implications
As ripple effects spread, expect more traditional financial players—banks and institutional investors—to treat $XRP not as a fringe token but as a core infrastructure asset for cross-border payments.
$CFX
#MarketSentimentToday #MarketTrends #BinanceInsights #Korea #china
Source: Cointelegraph, “XRP custody goes live for Korean institutions via BDACS amid ‘strong interest’”
Credit: Amin Haqshanas / Cointelegraph
💆💆💆 OpenLedger Takes Over Korea – Part 1! 💆💆💆
🔥 #OpenLedger stormed into Korea with a bang – hosting both public & private meetups to introduce the project in depth and forge strong ties with top local KOLs. 🇰🇷🤝
🎉 The true highlight? The massive public community meetup – energy off the charts, crowd unstoppable, and history in the making! Over 1,500 registered, but with venue limits, 600 lucky ones packed the hall on the big day. ⚡
💰 And of course – no Korean event is complete without airdrops! Attendees were rewarded generously, each receiving an $OPEN airdrop post-TGE 🎁🚀
🌟 Though not part of KBW, this was one of the biggest satellite events in Korean blockchain history – and it’s only the beginning. The OpenLedger wave is rising, and Korea just got the first taste! 🌊🔥
@OpenLedger
#OpenLedger #Korea #AirdropMagic
🔥 #OpenLedger stormed into Korea with a bang – hosting both public & private meetups to introduce the project in depth and forge strong ties with top local KOLs. 🇰🇷🤝
🎉 The true highlight? The massive public community meetup – energy off the charts, crowd unstoppable, and history in the making! Over 1,500 registered, but with venue limits, 600 lucky ones packed the hall on the big day. ⚡
💰 And of course – no Korean event is complete without airdrops! Attendees were rewarded generously, each receiving an $OPEN airdrop post-TGE 🎁🚀
🌟 Though not part of KBW, this was one of the biggest satellite events in Korean blockchain history – and it’s only the beginning. The OpenLedger wave is rising, and Korea just got the first taste! 🌊🔥
@OpenLedger
#OpenLedger #Korea #AirdropMagic
Vietnam's cryptocurrency market opens its doors, local banks team up with South Korean giants
#korea
The Vietnamese government has finally made the decision to embrace cryptocurrency. A five-year pilot program has been approved, aimed at establishing a regulated digital asset trading platform.
Vietnam's second-largest private bank, VPBank, took the lead by involving its securities department in this project. Even more noteworthy is that they have brought in South Korean exchange giant Upbit as a partner. This union of a local financial institution with an internationally mature platform showcases Vietnam's pragmatic attitude. The government has set quite high thresholds, requiring participating companies to have a minimum registered capital of at least $68 million. This is clearly aimed at keeping speculative players out and only allowing truly capable players to enter the market.
In addition to VPBank, leading institutions such as SSI Securities and TCBS are also gearing up and have successively established digital asset subsidiaries. MB Bank is also actively seeking international partners. The enthusiasm of young people in Vietnam for cryptocurrency is the fundamental driving force behind all of this.
The Vietnamese government has finally made the decision to embrace cryptocurrency. A five-year pilot program has been approved, aimed at establishing a regulated digital asset trading platform.
Vietnam's second-largest private bank, VPBank, took the lead by involving its securities department in this project. Even more noteworthy is that they have brought in South Korean exchange giant Upbit as a partner. This union of a local financial institution with an internationally mature platform showcases Vietnam's pragmatic attitude. The government has set quite high thresholds, requiring participating companies to have a minimum registered capital of at least $68 million. This is clearly aimed at keeping speculative players out and only allowing truly capable players to enter the market.
In addition to VPBank, leading institutions such as SSI Securities and TCBS are also gearing up and have successively established digital asset subsidiaries. MB Bank is also actively seeking international partners. The enthusiasm of young people in Vietnam for cryptocurrency is the fundamental driving force behind all of this.
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