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IOTA just broke into Korea’s media landscape 🇰🇷 $IOTA landing in The Economist Korea and $XDC gaining visibility across Asian trade networks marks a new phase in IOTA’s global reach. Korea already runs digital customs, automated port logistics, and paperless workflows across government and finance. It is one of the most advanced trade systems operating at a national scale. The challenge appears at the edge. Domestic platforms are modern. Cross-border interaction still moves slowly, depends on manual trust, and repeats the same checks country by country. IOTA and TWIN are stepping into that space. A public layer that connects national systems so documents, identit,y and settlement flow between countries with the same confidence they have inside one. Mainstream coverage in #Korea signals growing interest from regions already leading in digital trade. Momentum is shifting from forums and pilots into real-world discussions. Korea is paying attention. IOTA earned the spotlight. #OnChainAnalysis
IOTA just broke into Korea’s media landscape 🇰🇷

$IOTA landing in The Economist Korea and $XDC gaining visibility across Asian trade networks marks a new phase in IOTA’s global reach.

Korea already runs digital customs, automated port logistics, and paperless workflows across government and finance. It is one of the most advanced trade systems operating at a national scale.

The challenge appears at the edge.
Domestic platforms are modern.

Cross-border interaction still moves slowly, depends on manual trust, and repeats the same checks country by country.

IOTA and TWIN are stepping into that space.
A public layer that connects national systems so documents, identit,y and settlement flow between countries with the same confidence they have inside one.

Mainstream coverage in #Korea signals growing interest from regions already leading in digital trade. Momentum is shifting from forums and pilots into real-world discussions.

Korea is paying attention.
IOTA earned the spotlight.

#OnChainAnalysis
Tria was featured on the biggest Korean financial TV station, #Korea Economy TV. Check the conversation with @parthbl about how ownership, mobility, and spending come together in a single flow. #Onchain money is becoming global, usable money.
Tria was featured on the biggest Korean financial TV station, #Korea Economy TV.

Check the conversation with @parthbl about how ownership, mobility, and spending come together in a single flow.

#Onchain money is becoming global, usable money.
🚀 HASHED’S LAYER 1 POWER MOVE 🇰🇷⚡🚀 🧠 Hashed is building a dedicated Layer 1 for South Korea’s stablecoin economy 🏗️ Designed for stability, efficiency & regulatory compliance 💰 Purpose-built blockchain > multi-purpose chains 🤝 Government-friendly digital money ecosystem 🌍 A new global model for digital finance 👀 One to watch closely #Hashed 🔗 #Layer1 ⛓️ #Stablecoin 💵 #Korea 🇰🇷 #Blockchain 🚀 🌐 💥
🚀 HASHED’S LAYER 1 POWER MOVE 🇰🇷⚡🚀
🧠 Hashed is building a dedicated Layer 1 for South Korea’s stablecoin economy
🏗️ Designed for stability, efficiency & regulatory compliance
💰 Purpose-built blockchain > multi-purpose chains
🤝 Government-friendly digital money ecosystem
🌍 A new global model for digital finance
👀 One to watch closely
#Hashed 🔗 #Layer1 ⛓️ #Stablecoin 💵 #Korea 🇰🇷 #Blockchain 🚀 🌐 💥
💻 How North Korea Earns Hundreds of Millions Remotely North Korea has found one of the most effective ways to replenish the country's budget and circumvent sanctions 🌍💰 According to the UN and the US Department of Justice, this scheme brings the country up to $600 million a year 😳 ⚙️ What is the essence of the scheme? 👨‍💻 North Korean IT specialists are employed by Western companies 🪪 They work under fictitious identities of real people 🤖 They use AI-generated photos and fake documents 🌐 They hide their actual location, posing as employees from the USA or the EU 💸 They receive their salaries through intermediaries or in cryptocurrency 🏛️ Up to 85% of the income is confiscated by the state — the money goes into the budget and the nuclear program ☢️ 📉 Scale 🔹 Due to a shortage of personnel, such specialists have infiltrated hundreds of companies 🔹 Including even Amazon 😬 🕵️‍♂️ Additional risk — 📂 theft of confidential data 💣 preparation for future hacker attacks 🇷🇺 Interesting fact In October 2025, the first North Korean IT company was registered in Russia, allegedly for the legal "export of IT specialists" 🤔 #news #Korea #BinanceSquareFamily #CryptoNewss
💻 How North Korea Earns Hundreds of Millions Remotely

North Korea has found one of the most effective ways to replenish the country's budget and circumvent sanctions 🌍💰

According to the UN and the US Department of Justice, this scheme brings the country up to $600 million a year 😳

⚙️ What is the essence of the scheme?

👨‍💻 North Korean IT specialists are employed by Western companies

🪪 They work under fictitious identities of real people

🤖 They use AI-generated photos and fake documents

🌐 They hide their actual location, posing as employees from the USA or the EU

💸 They receive their salaries through intermediaries or in cryptocurrency

🏛️ Up to 85% of the income is confiscated by the state — the money goes into the budget and the nuclear program ☢️

📉 Scale

🔹 Due to a shortage of personnel, such specialists have infiltrated hundreds of companies
🔹 Including even Amazon 😬

🕵️‍♂️ Additional risk —
📂 theft of confidential data
💣 preparation for future hacker attacks

🇷🇺 Interesting fact

In October 2025, the first North Korean IT company was registered in Russia,
allegedly for the legal "export of IT specialists" 🤔
#news #Korea #BinanceSquareFamily #CryptoNewss
ViktoriaG:
Северная Корея страна человекороботов, которую нужно развалить всем миром.
LATEST: 🇰🇷 SOUTH KOREA MAY SCRAP “ONE EXCHANGE – ONE BANK” RULE South Korea is reviewing the rule that forces each crypto exchange to partner with only one bank. $LINK A government-backed study warns the policy strengthens major exchanges, raises entry barriers, and locks out smaller players, potentially harming competition in the crypto market. $DASH Regulators are now considering reforms to level the playing field and reduce concentration risk. $PEPE #Korea #WriteToEarnUpgrade #Binanceholdermmt
LATEST: 🇰🇷 SOUTH KOREA MAY SCRAP “ONE EXCHANGE – ONE BANK” RULE
South Korea is reviewing the rule that forces each crypto exchange to partner with only one bank. $LINK
A government-backed study warns the policy strengthens major exchanges, raises entry barriers, and locks out smaller players, potentially harming competition in the crypto market. $DASH
Regulators are now considering reforms to level the playing field and reduce concentration risk. $PEPE
#Korea #WriteToEarnUpgrade #Binanceholdermmt
COINONE LUNGE: RIVER EXPLODES KOREA! Entry: 0.04 🟩 Target 1: 0.05 🎯 Target 2: 0.06 🎯 Stop Loss: 0.035 🛑 This is it. RIVER is LIVE on Coinone in South Korea. Deposits open NOW. Trading goes live 6 PM local time. The Korean market is about to get a massive influx. RIVER's reach is expanding exponentially. Don't miss this surge. Get in before the FOMO tsunami hits. Huge expansion incoming. This is the moment. Disclaimer: Trading involves risk. #RIVER #CryptoNews #Korea #Trading #Altcoins 🚀
COINONE LUNGE: RIVER EXPLODES KOREA!

Entry: 0.04 🟩
Target 1: 0.05 🎯
Target 2: 0.06 🎯
Stop Loss: 0.035 🛑

This is it. RIVER is LIVE on Coinone in South Korea. Deposits open NOW. Trading goes live 6 PM local time. The Korean market is about to get a massive influx. RIVER's reach is expanding exponentially. Don't miss this surge. Get in before the FOMO tsunami hits. Huge expansion incoming. This is the moment.

Disclaimer: Trading involves risk.

#RIVER #CryptoNews #Korea #Trading #Altcoins 🚀
XRP EXPLOSION IMMINENT IN KOREA! $XRP leading South Korea's trading volume in 2025. Over 1 quadrillion processed on Upbit. This is the surge you've been waiting for. Massive liquidity inflow. Don't get left behind. The market is shifting. Secure your position NOW. This is not a drill. Disclaimer: Trading involves risk. #XRP #CryptoNews #FOMO #Korea 🚀 {future}(XRPUSDT)
XRP EXPLOSION IMMINENT IN KOREA!

$XRP leading South Korea's trading volume in 2025. Over 1 quadrillion processed on Upbit. This is the surge you've been waiting for. Massive liquidity inflow. Don't get left behind. The market is shifting. Secure your position NOW. This is not a drill.

Disclaimer: Trading involves risk.

#XRP #CryptoNews #FOMO #Korea 🚀
XRP EXPLODES KOREA'S TRADING VOLUME $1INCH TRILLION XRP is the undisputed king in Korea. Massive figures confirm its dominance. The cumulative trading volume has officially surpassed $1INCH trillion. XRP has beaten $BTC and all other top cryptos. This capital flow is a wildcard. Expect massive God Candles. News is for reference, not investment advice. #XRP #CryptoKing #Korea #TradingVolume 🚀 {future}(BTCUSDT)
XRP EXPLODES KOREA'S TRADING VOLUME $1INCH TRILLION

XRP is the undisputed king in Korea. Massive figures confirm its dominance. The cumulative trading volume has officially surpassed $1INCH trillion. XRP has beaten $BTC and all other top cryptos. This capital flow is a wildcard. Expect massive God Candles.

News is for reference, not investment advice.

#XRP #CryptoKing #Korea #TradingVolume 🚀
JUST IN: Upbit reveals $XRP was the most traded digital asset in South Korea in 2025. Korean retail demand remains strong. 👀 Never ignore the KR market. #xrp #Korea #crypto $XRP {future}(XRPUSDT)
JUST IN: Upbit reveals $XRP was the most traded digital asset in South Korea in 2025.
Korean retail demand remains strong. 👀
Never ignore the KR market.
#xrp #Korea #crypto $XRP
🚨 Breaking: Google Play Store to ban overseas crypto apps in South Korea.$ETH Starting Jan. 28, crypto apps must register as VASPs with Korean authorities to remain listed.$XRP This effectively blocks Android access to overseas exchanges.$SOL Regulatory walls around Korea’s crypto market are tightening fast. 📊⚠️ #Korea #BTCVSGOLD #BinanceHODLerMorpho
🚨 Breaking: Google Play Store to ban overseas crypto apps in South Korea.$ETH
Starting Jan. 28, crypto apps must register as VASPs with Korean authorities to remain listed.$XRP
This effectively blocks Android access to overseas exchanges.$SOL
Regulatory walls around Korea’s crypto market are tightening fast. 📊⚠️
#Korea #BTCVSGOLD #BinanceHODLerMorpho
Google Play KOREA SHUTDOWN IMMINENT. $BNB $BYBIT $OKXGlobal exchanges blocked from Korean Android users Jan 28. Major platforms like Binance, Bybit, OKX fail FIU reporting. New downloads and updates impossible. Strict VASP registration. Entities need Korean legal presence, AML, audits, ISMS. Google demands "reporting completion" proof. Korean authorities tightening crypto oversight. Users deleting apps are locked out. This aligns with Google's 2025 global policy for licensed crypto apps. A major market clampdown. This is not financial advice. #Crypto #Korea #Regulation #FOMO 🚀 {future}(BNBUSDT)
Google Play KOREA SHUTDOWN IMMINENT.

$BNB $BYBIT $OKXGlobal exchanges blocked from Korean Android users Jan 28. Major platforms like Binance, Bybit, OKX fail FIU reporting. New downloads and updates impossible. Strict VASP registration. Entities need Korean legal presence, AML, audits, ISMS. Google demands "reporting completion" proof. Korean authorities tightening crypto oversight. Users deleting apps are locked out. This aligns with Google's 2025 global policy for licensed crypto apps. A major market clampdown.

This is not financial advice.

#Crypto #Korea #Regulation #FOMO 🚀
Google Play Korea CRACKS DOWN! $BTC $BNB $BYBITUnregistered crypto apps BANNED from Google Play Korea starting Jan 28th. Binance, Bybit, OKX and others will be GONE for Korean Android users. This is HUGE for retail investors relying on overseas platforms for high leverage and token access. Web access remains, but downloading or updating is IMPOSSIBLE. Security risks loom for workarounds. Get in NOW before the floodgates close! Disclaimer: This is not financial advice. #CryptoNews #TradingAlert #FOMO #Korea 🚨 {future}(BNBUSDT) {future}(BTCUSDT)
Google Play Korea CRACKS DOWN! $BTC $BNB $BYBITUnregistered crypto apps BANNED from Google Play Korea starting Jan 28th. Binance, Bybit, OKX and others will be GONE for Korean Android users. This is HUGE for retail investors relying on overseas platforms for high leverage and token access. Web access remains, but downloading or updating is IMPOSSIBLE. Security risks loom for workarounds. Get in NOW before the floodgates close!

Disclaimer: This is not financial advice.

#CryptoNews #TradingAlert #FOMO #Korea 🚨
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🎯🎓 KOREA UNIVERSITY ENTERS THE INJECTIVE ECOSYSTEM AS A VALIDATOR 🎓🎯 Korea University, the oldest university in South Korea founded in 1905, has established a strategic partnership with Injective, a layer-1 blockchain specializing in decentralized finance (DeFi), real-world asset (RWA) tokenization, and onchain markets. The Korean university officially becomes a validator on the Injective network and a research partner, marking a historic step toward academic integration within live blockchain networks. Traditionally, blockchain research in universities remains theoretical: whitepapers, simulations, and abstract analyses, lacking direct exposure to production networks, real regulatory conditions, and live market dynamics. This partnership breaks the mold: Korea University will actively participate in network operations as a validator, ensuring security and decentralization while conducting studies on RWA tokenization, onchain finance, and regulatory feasibility specific to the South Korean market—a rigid yet rapidly evolving ecosystem under the Digital Asset Framework. The benefits are substantial: 🔸 Practical research: Security testing, policy analysis, and development in real-world environments. 🔸 Network support: The university validates transactions, strengthening Injective's resilience. 🔸 Talent development: Students and researchers gain hands-on experience in DeFi, derivatives, and Cosmos-based interoperability. Should universities play an active role in live blockchain ecosystems? Absolutely yes. Moving from theory to practice accelerates innovation, compliance, and institutional adoption. Injective, with its high throughput and IBC connectivity, is the ideal platform for academic pioneers. This move by Korea University could inspire other Asian institutions, positioning South Korea as a global blockchain hub. INJ up: academia meets DeFi. #breakingnews #injective #INJ #Korea #blockchain $INJ
🎯🎓 KOREA UNIVERSITY ENTERS THE INJECTIVE ECOSYSTEM AS A VALIDATOR 🎓🎯

Korea University, the oldest university in South Korea founded in 1905, has established a strategic partnership with Injective, a layer-1 blockchain specializing in decentralized finance (DeFi), real-world asset (RWA) tokenization, and onchain markets.

The Korean university officially becomes a validator on the Injective network and a research partner, marking a historic step toward academic integration within live blockchain networks.

Traditionally, blockchain research in universities remains theoretical: whitepapers, simulations, and abstract analyses, lacking direct exposure to production networks, real regulatory conditions, and live market dynamics.

This partnership breaks the mold: Korea University will actively participate in network operations as a validator, ensuring security and decentralization while conducting studies on RWA tokenization, onchain finance, and regulatory feasibility specific to the South Korean market—a rigid yet rapidly evolving ecosystem under the Digital Asset Framework.

The benefits are substantial:
🔸 Practical research: Security testing, policy analysis, and development in real-world environments.
🔸 Network support: The university validates transactions, strengthening Injective's resilience.
🔸 Talent development: Students and researchers gain hands-on experience in DeFi, derivatives, and Cosmos-based interoperability.

Should universities play an active role in live blockchain ecosystems? Absolutely yes.
Moving from theory to practice accelerates innovation, compliance, and institutional adoption.
Injective, with its high throughput and IBC connectivity, is the ideal platform for academic pioneers.

This move by Korea University could inspire other Asian institutions, positioning South Korea as a global blockchain hub.
INJ up: academia meets DeFi.
#breakingnews #injective #INJ #Korea #blockchain $INJ
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Bullish
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
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
Bank of Korea governor backs cautious stablecoin rollout #Korea
Bank of Korea governor backs cautious stablecoin rollout
#Korea
South Korea Temporarily Suspends Cryptocurrency Lending Services Due to Concerns Over Excessive LeverageSouth Korea has temporarily suspended new cryptocurrency lending services following a major liquidation event at the #Bithumb exchange, where over 13% of the 27,000 users were liquidated. This move is a direct response to increasing leverage risks in the market. Causes and Actions The Financial Services Commission (#FSC ) of South Korea stated that the suspension is necessary because the current user protection tools are "insufficient" and there are "concerns about harm to a healthy trading order." This decision will last until official guidelines on lending services are issued.

South Korea Temporarily Suspends Cryptocurrency Lending Services Due to Concerns Over Excessive Leverage

South Korea has temporarily suspended new cryptocurrency lending services following a major liquidation event at the #Bithumb exchange, where over 13% of the 27,000 users were liquidated. This move is a direct response to increasing leverage risks in the market.

Causes and Actions

The Financial Services Commission (#FSC ) of South Korea stated that the suspension is necessary because the current user protection tools are "insufficient" and there are "concerns about harm to a healthy trading order." This decision will last until official guidelines on lending services are issued.
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Bullish
$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 {spot}(1MBABYDOGEUSDT)
$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
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Bullish
💆💆💆 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 {spot}(OPENUSDT)
💆💆💆 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
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.

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.
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