KuCoin CEO BC Wong outlines plans to re-enter the South Korean market after achieving compliance in key regions like the US and EU, addressing regulatory challenges and competition.
Tag: South Korea
Upbit and Bithumb Suspend Synthetix (SNX) Deposits Amid sUSD Depeg Concerns: A Comprehensive Overview
Leading South Korean crypto exchanges Upbit and Bithumb have halted deposits for Synthetix (SNX) tokens due to concerns raised by DAXA regarding the sUSD stablecoin’s depeg. This article provides a detailed analysis of the situation, potential implications, and Synthetix’s response.