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South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption

Crypto chaos is finally taking its toll on South Korean exchanges – with the crypto investment bank Genesis’ decision to pause redemptions and new loan offerings earlier this week disrupting services on the Gopax trading platform.

Platforms in the nation have – until very recently – appeared impervious to the ripple effects of the collapse of FTX, due in part to the fact that they do not issue coins of their own.

(By Tim Alper)

Crypto
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