Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch

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Bloomberg, Crypto, crypto exchange, Crypto News, Crypto regulation, Crypto.com, South Korea

Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Regulatory Hurdles And Strategic […]

US Bitcoin Miners Move Old Equipment Overseas – Here’s Why

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Bitcoin, Bitcoin Halving, Bitcoin miner, Bitcoin Mining, Bloomberg, Ethiopia

The Bitcoin halving, one of the most anticipated crypto events in 2024, is less than a month away, and miners seem to be in full preparation for its aftermath. The April event is expected to slash mining rewards on the Bitcoin network in half, making the validation of transactions less lucrative. As of now, miners […]

US Top Brokerage Firm Stalls On Bitcoin Spot ETF Engagement, Here’s Why

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Adoption, bitcoin ETF, Bitcoin Spot ETF, BlackRock, Bloomberg, ETF, GBTC, Grayscale, IBIT, LPL

LPL Financial, the largest independent broker-dealer in the United States, is delaying its involvement in the Bitcoin spot ETF market as it awaits the result of an assessment of the novel exchange-traded products (ETPs) performance. This development was revealed by the company’s chief of wealth management solutions, Robb Pettman, in an interview published by Bloomberg […]