Cryptocurrency sector

The National Pension Service (NPS) of South Korea purchased a stake in Coinbase (NASDAQ: COIN), the largest virtual asset exchange in the U.S. What Happened: The NPS acquired approximately 282,673 shares, a $20 million (26.1 billion won) value. The deal marks the NPS’s first inclusion of...

Kasikorn Bank of Thailand, commonly referred to as K-Bank, recently announced its acquisition of 97% of shares in the parent company of the Satang crypto exchange. This platform has been operational since 2017. The transaction, valued at approximately 3.705 billion Thai baht (around $102.8...

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler on Wednesday voiced significant concerns regarding the cryptocurrency sector's integrity, suggesting the industry is currently fraught with "fraud, abuse, and misconduct." As these concerns come to...