With a well-defined regulatory framework, Malta now has the world's largest cryptocurrency transaction volume. This result comes from the April 29 Business Insider report referring to recent research by Morgan Stanley. A team of Morgan Stanley researchers led by analyst Sheena Shah led a study based on volume data from Coinmarketcap on all cryptocurrency...
According to reports, prosecutors in South Korea raided the UPbit , the biggest crypto money market in the country . According to CoinDesk Korea , auditors from the Prosecutor's Office in the southern Seoul region were searching for the headquarters in the Gangnam-gu district of the stock exchange on May 10-11 . UPbit is suspected for the charge of transferring the funds of the account...
According to local news outlet Korea JoongAng Daily, South Korea’s Financial Services Commission declared that rather than regulating fintech sector they would use blockchain technologies and future financial innovation to encourage further development. Choi Jong-ku, the chairman of the FSC, said “the players in the financial service market are becoming...
Clearly moving towards dominating the crypto payment market, Cardano (ADA) has moved a step forward in actualizing this with the launch of its prepaid card in South Korea. Seoul-based mobile fintech company, just announced the launch of the world's first crypto prepaid card. Metaps...