ICYMI – South Korea is reportedly planning to allow institutional trading of crypto


Publishing this ICYMI:

South Korea’s Financial Services Commission (FSC) is reportedly preparing to ease restrictions on institutional cryptocurrency trading.

According to Yonhap news agency, the plan aims to gradually allow institutional investors to open trading accounts on domestic cryptocurrency exchanges.

Currently, South Korean regulations limit cryptocurrency trading to retail investors who have verified their identity with their legal name. Although there was no official ban on institutional trading, the FSC had previously recommended that banks prevent institutional entities from opening foreign currency accounts.

More here.

As an aside, I seem to have screwed up crypto yesterday with this:

Update:



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