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OTC Major Crypto Exchange in Korea: Gov’t Should Acknowledge Fidelity, Nasdaq

In the second from last quarter of 2018 alone, the world’s two biggest stock exchanges NYSE and Nasdaq along with the worldwide market’s fourth greatest resource manager Fidelity established Bitcoin adventures, for example, fates markets and custodial answers for drive digital money appropriation and give a simple method to institutional financial specialists to put resources into the market.

With outside budgetary establishments in any semblance of Fidelity, Goldman Sachs, Morgan Stanley, Nasdaq, and NYSE aggressively expanding into the cryptographic money part, Cumberland Korea CEO Hong Joon-ki said that the administration and the nearby monetary area need to start driving activities to pursue the worldwide pattern.

The Cumberland CEO included that security tokens will radically change the eventual fate of crypto and back, and significant multifaceted investments and funding firms have just begun to start enormous wagers on the security token market, as observed in the $28 million speculations of Andreessen Horowitz in Harbor.

The association of Nasdaq, Goldman Sachs, FIdelity, and different organizations in the digital currency market might not have had any effect on the momentary value pattern of cryptocurrencies.

In any case, the activities of the previously mentioned aggregates are driving government authorities to see the cryptocurrencies division from an alternate position and consider digital currencies as a rising resource class.

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