TokenTaxonomist
The major Korean exchanges have recently been making a lot of noise over a certain issue. The government is trying to limit the shareholding ratio of major shareholders in crypto exchanges, setting the cap at around 15%-20%. Once the news broke, the exchanges immediately issued a joint statement opposing the move.
Their reasoning is actually understandable. Direct intervention in the equity structure of private enterprises is no small matter—if enforced, it could shake the very foundation of the industry. Think about it: without stable capital support, how can these exchanges compete with glob
View OriginalTheir reasoning is actually understandable. Direct intervention in the equity structure of private enterprises is no small matter—if enforced, it could shake the very foundation of the industry. Think about it: without stable capital support, how can these exchanges compete with glob