[Xangle Briefing] Big Price Increase on Themed Coins related to Korean Government after the Law passed the Assembly Plenary
https://xangle.io/project/ICX/disclosures/5e61a9cc3088cdd0db37d603
After an amendment to Korea’s existing Financial Information Act passed the Korean assembly plenary, themed coins in Korean crypto market increased highly. From now on, cryptocurrency will be called “Virtual Asset” legally in Korea.
As the themed stocks ride on the circumstances of presidential and general elections in the traditional finance market, to-be-called themed coins related to Korean government institute have been on the rise.
ICON stated in the crypto disclosure platform Xangle that the total number of My-ID partners has increased from 47 to 52, adding five new partner projects from bank to association. MyID Alliance is the only blockchain field project that was accepted as a sandbox by Financial Services Commission, exceptionally permitted case that are not originally allowed by regulation.
The price of ICON rose up to 24%, and Metadium, received seven projects from Korean government agency last year, up to 6%. And Klaytn, the platform of GrounX which is a subsidiary company of Kakao, rose to 6%. Kakao is listed on the Korean traditional stock market.
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