South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash

Share This Post

South Korean Universities Face Banking Hurdles in Converting Crypto Donations to CashSouth Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education Ministry and Financial Intelligence Unit Favor Maintaining Ban South Korean universities are reportedly unable to convert cryptocurrency […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP News: XRPTurbo Set To Enhance XRP DeFi Ecosystem With AI-Powered DApps And Tokenization Tools

This content is provided by a sponsor PRESS RELEASE The XRP ecosystem is experiencing a transformative shift Despite recent fluctuations in XRP’s price and market sentiment, the Ripple

Russia’s Central Bank Plans Limited Crypto Trading for Select Investors

The post Russia’s Central Bank Plans Limited Crypto Trading for Select Investors appeared first on Coinpedia Fintech News After receiving multiple financial sanctions from so many countries Russia

Senator Lummis’s Bitcoin Act Allows for a Reserve of 1M+ Bitcoin, Fueling Projects Like BTC Bull Token

Senator Lummis’s Bitcoin Act extends the Federal Reserve’s Bitcoin capacity to over 1M bitcoins We mull over how this might affect the price of Bitcoin, and related coins like BTC Bull Token The

Hyperliquid hit by $4 million loss after whale’s high-risk trading incident

Hyperliquid reported a $4 million loss in its Liquidity Provider (HLP) vaults within 24 hours According to a March 12 post on X, the loss followed a major liquidation event involving a high-risk

Why Is Crypto Down Today, Best Crypto to Buy as Canada Tariffs Eased

Donald Trump has decided not to double tariffs on Canadian aluminum and steel, offering a sigh of relief to the US stock market The decision to retract tariffs on Canadian metals came after

Bitcoin Faces Critical Juncture: Bear Market Threatens as Key Metrics Flash Red, Cryptoquant Warns

Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened