Crypto.com, a prominent international cryptocurrency exchange, recently pushed back its eagerly awaited expansion into South Korea's retail market.
Initially set for April 29, the decision to postpone came unexpectedly, just six days before the launch was due to take place.
The reason behind this delay, as reported, stems from the necessity for Crypto.com to further solidify its interactions and engagement with local regulatory authorities in South Korea.
This development indicates a strategic pause by the company to ensure full compliance and alignment with local regulations, underscoring the importance of regulatory engagement in the domain of global cryptocurrency exchanges.