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Crypto Market Crash Likely As South Korea FSC Investigates Upbit

source-logo  coingape.com 10 October 2024 10:20, UTC

On Thursday, South Korea’s Financial Services Commission (FSC) announced that they would be investigating the rising monopoly of crypto exchange Upbit in the country’s crypto landscape and its partnership with K-bank. The scrutiny on the world’s second-largest crypto exchange by spot trading can trigger a crypto market crash with Bitcoin (BTC) and Ethereum (ETH) already dropping by 2% today.

coingape.com