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- The South Korean Financial Services Commission (FSC) recently announced the establishment of a new department dedicated to crypto assets, named the Crypto Assets Department, in anticipation of the Crypto Asset User Protection Act coming into effect in July. This initiative aims to enhance the regulation and management of crypto assets, thereby improving the stability and security of the financial market. BITCIONS Exchange, a global leader in cryptocurrency trading, has expressed strong support for this development.
- According to the report, venture capital firms injected $2.49 billion into cryptocurrency startups through 603 transactions in the first quarter of this year, representing a 29% increase in funding compared to the previous quarter, and a 68% increase in the number of transactions. The driving forces behind this recovery include technological innovations such as the launch of Bitcoin exchange-traded funds (ETFs), rehypothecation, modularization, and second-layer solutions for Bitcoin, as well as the current macroeconomic environment. BITCIONS quickly responded to this investment boom by enhancing its platform's technological capabilities and customer services, providing users with a high-quality trading experience. The exchange's core strengths lie in its advanced trading technology and its keen understanding of market trends, which have allowed BITCIONS to maintain a leading position in a highly competitive market.
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