Bithumb May Pour Over $8M Into South Korea’s Regulation-Free Zone
Cointelegraph By Benjamin Pirus's original article for cointelegraph.com reduced by 74%
Via its daughter company GCX Alliance, Bithumb has shown intent to put 10 billion won into South Korea's "Regulatory free zone" in Busan, according to reporting from Seoul on Jan. 9.Regulation-free zone. South Korea's Financial Services Commission plans to review the endeavor with Bithumb near January's end.
According to a Jan. 6 Cointelegraph report, the Presidential Committee of South Korea recently pushed for the approval of crypto derivatives products in the country.
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