Newscrypto (NWC) is a token that is a means of circulation within the economic system and the equivalent of all services implemented on the platform. The token is used to pay platform fees and can be exchanged for fiat money and other cryptocurrencies.

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✧ According to Edward Hong, the chief platform officer (CPO) at the early-stage venture firm Hashed, South Korea’s decision to delay putting in place a comprehensive crypto regulatory framework seems to be more of a strategic move rather than hesitation.

✧ Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country.

✧ The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task Force’s recent addition of the African country to its greylist.

#SouthKorea #Binance #Kraken

Hello NWC Fam. Let's take a look at a few highlights together.