On January 20, according to Yonhap News Agency Infomax, in order to avoid the recurrence of the transaction connection delay problem caused by the computer system failure encountered by various crypto exchanges in South Korea after the country declared a state of emergency on December 3 last year, Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, as well as Bithumb and Coinone, submitted a response plan to the Financial Supervisory Service (FSS) last month. A key measure in...
On August 16, according to Yonhap Infomax, South Korea's National Pension Fund Service (NPS) acquired 245,000 shares of Bitcoin development company MicroStrategy in the second quarter of this year. The purchase has been disclosed in a 13F filing with the Securities Exchange Commission (SEC). While the fund sold 23,956 shares of Coinbase in the second quarter of this year, this investment is another indirect investment in Bitcoin by the fund following the purchase of 282,673 shares of Coinbase in...