South Korean Crypto Providers Book $2.7B Net Profit for 2021
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Regulated South Korean VASPs facilitated crypto transactions exceeding $1.7 trillion in value for the year ended 2021 Total net profit from that activity is reported to have netted them as much as…
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The South Korean crypto market has marked some big winners. Bithumb, one of the country’s most prominent crypto exchanges, has reported an operating profit of $645 million for the year 2021. South... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
BitGo, a global digital asset custody firm, has formed a strategic partnership with two major South Korean companies, Hana Financial Group and SK Telecom. This partnership is expected to assist BitGo in penetrating deeper into the South Korean market and supporting the establishment of the cryptocurrency space in the location…
Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting an inflow of 20,000 BTC. This increase suggests that…