🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
As South Korea is about to lift the ban on institutional crypto asset trading, it is implementing stricter AML and KYC regulations.
On May 21, The Block reported that South Korea, in the process of gradually lifting the ban on institutional investments in Crypto Assets, requires local Crypto Assets trading platforms to strengthen "Know Your Customer" (KYC) measures with partner banks for new institutional clients. Starting in June, specific non-profit organizations and registered Crypto Assets trading platforms will be allowed to sell the Crypto Assets they hold in South Korea. Non-profit organizations can sell the cryptocurrency obtained through donations, while trading platforms can sell the portion of transaction fees paid by users in cryptocurrency. The Financial Services Commission (FSC), the highest financial regulatory authority in South Korea, stated in an announcement on Tuesday that Crypto Assets trading platforms and their partner banks must thoroughly verify the sources of funds and trading purposes of new institutional clients. The FSC pointed out that the purpose of strengthening KYC measures is to prevent Money Laundering risks and protect the local Crypto Assets and financial markets. To this end, regulators also stipulated that relevant institutions and their CEOs must undergo supervision and review regarding Money Laundering activities.