After Singapore, Shiba Inu is Now Available For Trading In South Korea - The Crypto Basic
Korbit has
announced that it will list Shiba Inu, becoming the first cryptocurrency exchange to add support for SHIBA in South Korea, a country known for tough crypto regulations.
Yesterday Shiba Inu was
listed by Coinhako, a Singapore-based exchange, making it possible for Singapore citizens to buy and hold shib.
The Seoul cryptocurrency trading platform will allow its client to trade SHIB against the Korean Won starting Thursday. In addition to SHIB, the exchange will also add Injective Protocol (INJ)
Korbit is one of the few cryptocurrency exchanges that has managed to withstand tough regulatory requirements that forced smaller players to close their crypto trading platforms earlier this year.
Forty exchanges that were not registered with the Financial Agency of Soth Korea were forced to close in September.
Bithumb, Coinone, Upbit, and Korbit are the only exchanges allowed to offer crypto trading services after meeting the required regulatory requirements.
In June, several South Korean exchanges deleted high-risk altcoins.