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WEMIX token plunges 70% after it's delisted by Korean exchanges

Coin Telegraph LogoCoin Telegraph3d ago

WEMIX token plunges 70% after it's delisted by Korean exchanges - Coin Telegraph

Quick Summary:

DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers.

Since being elected on Mar.10 in a tight race, crypto-friendly President Yoon Suk-yeol has hinted that the ban could be lifted and is looking to grow the virtual asset market by overhauling “regulations that are far from reality and unreasonable.

While South Korea is one of the biggest gaming markets and blockchain adopters in the world, the country has banned play-to-earn (P2E) blockchain games.


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Article Details

Author / Journalist: Cointelegraph By Luke Huigsloot

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 01:25:50 (3 days ago)

News Timezone: GMT -5:00

Ranking: #284 (out of 2389 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 36 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 1920620

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 25 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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