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South Korea: Are recent crypto-regulations paving the way for Upbit’s dominance
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With the dust clearing after a great deal of regulatory rumbling and chaos, crypto-investors in South Korea now have a better idea of where they may need to go in order to continue trading.
However, according to local news reports, one crypto-exchange now possibly holds most of the market share.
South Korean regulators have apparently “accepted” Upbit and Korbit’s reports about their KYC processes. And yet, 27 other crypto-exchanges and 13 operators are still being reviewed.
Even so, there might be
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