Ah, the land of the morning calm, where the elderly have a thirst for digital gold that would make even the most seasoned investor blush! 🇰🇷 According to the esteemed Financial Investment Association (KOFIA), these silver-haired sages are clamoring for the approval of cryptocurrency exchange-traded funds (ETFs) in the domestic stock market. 💰
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South Korea, the land of the morning calm, has become a hotbed of cryptocurrency activity, with its local currency surpassing the mighty US dollar as the most traded fiat against crypto in the first quarter of 2024. 💸 But alas, the nation’s strict Anti-Money Laundering requirements have effectively fenced out corporations and institutions from participating in this digital dance. 🤦♂️
Only five exchanges have managed to establish a partnership in this land of the morning calm, leaving the rest of us mere mortals to wonder – what will the future hold for these crypto-hungry elders? 🤔 Stay tuned, dear friends, for the plot thickens! 🤖
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2025-02-05 14:53