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First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge

The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline.

Updated May 11, 2023, 5:29 p.m. Published Mar 31, 2022, 11:03 p.m.
Gyeongbokg palace in Seoul (Chan Young Lee/Unsplash)
Gyeongbokg palace in Seoul (Chan Young Lee/Unsplash)