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Alchemy Pay makes a ‘Big Move in Korea’, Secures Korean Electronic Financial Business Registration

CoinGape LogoCoinGape12h ago

Alchemy Pay makes a ‘Big Move in Korea’, Secures Korean Electronic Financial Business Registration - CoinGape

Quick Summary:

Recently on 27 Jan, it achieved Australian Transaction Reports and Analysis Centre (AUSTRAC) registration for the Digital Currency Exchange Provider in the Australia market.

The obtained compliance with the regulatory institutions of the Korean market will allow Alchemy Pay to tap the potential of the most active and growing cryptocurrency market in the world.

A South Korean outlet Yonhap News data also revealed that over 30% of Koreans hold crypto, with the total worth standing at 102.6 million Korean won ($70.3 billion).


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Alchemy Pay makes a ‘Big Move in Korea’, Secures Korean Electronic Financial Business Registration - CoinGape (Picture 1)Alchemy Pay makes a ‘Big Move in Korea’, Secures Korean Electronic Financial Business Registration - CoinGape (Picture 2)Alchemy Pay makes a ‘Big Move in Korea’, Secures Korean Electronic Financial Business Registration - CoinGape (Picture 3)

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 09:15:28 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 584 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25922939

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Alchemy Pay makes a ‘Big Move in Korea’, Secures Korean Electronic Financial Business Registration" was covered 12 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 24 news stories per day.

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  • URL: https://chronographically.beamstart.com/news/alchemy-pay-makes-a-big-17388333769227

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