‘Optimism’ for South Korean Crypto Exchanges as Gopax Makes Banking Breakthrough
South Korean crypto observers are predicting a “tectonic change” in the crypto exchange sector after a fifth trading platform struck a banking deal that will allow it to resume crypto-to-fiat trading. Yonhap reported tha...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
South Korean crypto observers are predicting a “tectonic change” in the crypto exchange sector after a fifth trading platform struck a banking deal that will allow it to resume crypto-to-fiat trading.
Yonhap reported that Gopax, one of the largest of the non-“big four” exchanges (Upbit, Bithumb, Coinone, and Korbit), has struck a deal with Jeonbuk Bank, a newer, regional bank that will allow its customers to return to the fiat markets....
Read More: ‘Optimism’ for South Korean Crypto Exchanges as Gopax Makes Banking Breakthrough
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Securitize Puts 12 U.S. Stocks on Solana With 1:1 Backing and 24/7 Trading Plans
Key Takeaways: Securitize has already launched tokenized U.S. stocks on Solana, including NVIDIA, Tesla and Apple. Each token repr...
What Is Crypto Spot Trading?
For example, a token can be up 70% and still be a terrible trade if you have no idea when to take profits. Likewise, a 30% dip can...
Calamos Investments CEO John Koudounis: Bitcoin Will Hit $1M by 2030
Bitcoin Magazine Calamos Investments CEO John Koudounis: Bitcoin Will Hit $1M by 2030 Is Bitcoin headed for a “huge awakening” thr...
XRP treasury firm Evernorth completes deal to list under XRPN
Evernorth's public listing under XRPN could accelerate institutional adoption and innovation within the XRP ecosystem, enhancing i...
Coinbase opens full trading for DATA-USD and WHUF-USD pairs
Coinbase's expansion of trading pairs enhances market liquidity and accessibility, potentially driving increased adoption and inno...
UK sanctions three crypto exchanges tied to Russian illicit funds
The UK sanctioned crypto exchanges and payment processors, some of which were tied to thousands of Russian entities and the sancti...