RATE Group | Most cryptocurrency exchanges in South Korea are subject to bankruptcy
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Most cryptocurrency exchanges in South Korea are subject to bankruptcy

21 Aug Most cryptocurrency exchanges in South Korea are subject to bankruptcy

Posted at 03:20h in Cryptocurrency News by

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  • Business Korea covered a report suggesting that most cryptocurrency exchanges in South Korea, are subject to bankruptcy.
  • The report cited low trading volumes, as to why this danger is so prominent for domestic companies. 

 

Nearly every single cryptocurrency exchange based in the country of South Korea are subject to all go into bankruptcy, according to a report from Business Korea.

In terms of the report from Business Korea, it covers ground that the only companies that are “safe” from going into bankruptcy are the ones that belong to the top 100 list available in the world.

Business Korea is citing low trading volumes as to the main reason for why this danger of losing so many companies is possible.

 

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