The Korean Blockchain Association has approved 12 cryptocurrency trading platforms, including Bithumb and UPBT, last week, with adequate security measures and on-site management systems.

Many local newspapers have reported that the Bithumb, UPbit, Gopax, OKCoin, Korbit, Coineone, CoinZest, CPDAXX, HanbitKor, Huobi, NeoFrame and DexKor platforms have been approved by the Blockchain Association of Korea. The cryptocurrency industry and the blockchain sector.

Several newspapers have reported that a new flow of capital will be poured into the cryptocurrency market after the government announced its move to legalize crypto trading and set up rules. It plans to manage similar transaction platforms with financial institutions.