Asia Express | Crypto

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Four years on, Binance is back in South Korea! Plus, Morgan Stanley and Japan’s largest bank have a new digital asset division. Asia Express. Binance is returning to South Korea nearly five years after exiting the market in December 2020, following the Financial Intelligence Units (FIU) approval of its acquisition of Gopax one of only five local exchanges authorized to provide crypto-to-fiat services. According to a Maeil Business Newspaper exclusive, the FIU granted final approval on Wednesday, ending more than two years of uncertainty over Binances reentry. The exchange acquired a majority stake in Gopax in 2023, but the deal stalled amid regulatory scrutiny and Binances legal troubles in the US. The return of the worlds largest cryptocurrency exchange could shake up South Koreas long-standing duopoly of Upbit and Bithumb. Under the countrys crypto regulations, exchanges must partner with a domestic bank to offer real-name verified accounts. Though the system is designed to strengthen Anti-Money Laundering ...

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more