Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
financial service commision
South Korea’s FSC to Ban Privacy Coins From Licensed Operators
The Financial Service Commission (FSC) in South Korea will ban privacy-centric digital assets or “dark coins” from crypto exchanges. Also, Virtual asset providers will no longer be allowed to handle transactions involving privacy coins. In an official announcement on the 3rd of November, the Financial Services Commission stated its privacy coins position. According to the announcement, there have been updates to the current regulations for exchanges with privacy coins. The regulation in concern is the Special Payment Act that offers…
5 years ago