South Korean Crypto Exchange Coinone’s Groundbreaking Digital Asset Sale
Main Idea
South Korean crypto exchange Coinone is conducting a groundbreaking digital asset sale under new regulations, marking a significant milestone for the country's crypto ecosystem.
Key Points
1. Coinone's crypto sale is valued at approximately 4.1 billion won (around $2.95 million USD) based on July 31st closing prices.
2. The sale includes 10 Bitcoin (BTC), 300 Ethereum (ETH), and 200,000 XRP.
3. South Korean regulators introduced new crypto regulations in June, permitting such sales only under specific, limited circumstances.
4. Coinone is the first among South Korea’s top five exchanges to conduct such a sale under the new regulations.
5. The regulations aim to provide market integrity and ensure reliable service for users.
Description
BitcoinWorld South Korean Crypto Exchange Coinone’s Groundbreaking Digital Asset Sale In a significant development for the digital asset landscape, Coinone, a prominent South Korean crypto exchange , has announced plans for a substantial crypto sale. This move marks a pivotal moment, as Coinone becomes the first among the country’s top five exchanges to leverage new regulatory frameworks, signaling a new era of operational transparency and financial management within the cryptocurrency sector. W...
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