Crypto.com BLOCKED From South Korea! (Money Laundering FEAR!) CRO AND Crow With Knife IMPORTANT!

Crypto.com BLOCKED From South Korea! (Money Laundering FEAR!) CRO AND Crow With Knife IMPORTANT!

crypto.com just hit a slight hurdle in
the South Korean market which they were
highly anticipated to enter around the
end of April they’re officially
postponing that launch into this new
market what does that mean for
crypto.com what does that mean for
cocoin today I also want to explore with
you guys a new pre-sale going on on the
Kronos chain which is being propped up
by VVS and tying in the exciting meme
token the number one Community voted
meme token Kronos Crow with knife a
couple updates for you guys today a
couple stories to go through if you like
the content smash a like button
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content guys and let’s just go ahead and
get right into this one welcome back to
the crypto report everybody I am crypto
and today let’s look how the crypto
markets are doing right now so we do see
that Bitcoin is strong at
$66,000 in change which is a beautiful
thing to see but the news for the day is
that crypto.com is postp owning its
South Korean launch following a reported
visit from the local Regulators of South
Korea a couple bullet points here the
launch was initially scheduled for April
29th crypto.com says that it is still
committed to working with the local
Regulators to join the South Korean
market which is a difficult market for
international exchanges to enter now the
concern here is that they’re not able to
protect against uh money laundering from
their users not the company themselves
doing money laundering ing but the users
being able to conduct moneya laundering
operations through their platform and so
quotes from them would be like this we
will postpone our launch and take this
opportunity to make sure South Korean
Regulators understand our thorough
policies procedures systems and controls
a crypto.com spokesperson told the block
Korea is a difficult market for
international exchanges to enter but we
are committed to working with Regulators
to advance the industry responsibly for
Koreans so while this is a hurdle please
remember guys crypto.com is one of the
most regulatory compliant exchanges out
there and they’re not going to give up
on this now it is a postponing for a new
market uh and this institutional
exchange launch that was set for the
29th of this month but uh bull market is
still happening uh that is what we’ve
expected for the last two years since
we’ve been doing the 3,200 3200 videos
that we’ve created for you guys on this
channel we still believe in crypto.com
and this is something that any exchange
would be dealing with as trying to enter
a new market they always want to make
sure and by they I mean South Korea and
any new country or Market that a crypto
exchange is entering they want to make
sure that there are Consumer Protections
in place which is understandable many
people thought maybe this would be
behind them already but at this point
there’s been some fear the good thing is
is that crypto.com is addressing this
directly and not giving up on this so
couple things look forward to still is
eventually when they do launch in this
market certainly something to keep an
eye on and also note guys that the
Kronos chain is a big part of the cro
token um strategy as well when you look
at the overall market and you look where
the crow coin is currently sitting it’s
at rank number 31 it’s a $3.4 billion
market cap guys and it’s rebranded to
the Kronos chain because in the Pak of
last bowl Market they launched an L1
solution guys and if you look at the
total top blockchains by tvl Kronos is
ranked number 13 and a matter of fact if
you look you can see some of the this is
very interesting you can see some of the
top gaining tokens actually within any
ecosystem and so you can click into
these individually now if you look at
the Kronos ecosystem and look at what
the tokens are within this ecosystem if
you’re interested in the Kronos chain
I’ll highly recommend you do this you
can go to see all Kronos coins and
you’ll see what are the top tokens in
this market and you can look by market
cap to try to pick some of the coins
that you like within this ecosystem if
you are bullish on Kronos like we are
here on this channel but a shout out to
Crow with knife which is at the largest
gaining gaining momentum category here
according to qu gecko it is the number
one trending uh meme token in the Dex
screener app as well in the Kronos
ecosystem and it is making waves and now
there’s another update coming with this
token that just was launched today huge
thank you for a new vote that came out
from the VVS team now VVS is launching a
new pre-sale you can participate in this
pre-sale by using cro with knife tokens
now and they’re even tagging the cro
with knife team this is a big deal guys
and so here are the rules of this
there’s a new pre-sale coming for this
dip token you can contribute Crow or you
can contribute CRA uh C token excuse me
there’s a couple rules the cap is going
to be 10% of the total cost Supply which
is roughly about a million dollars and
So the plan is is if people contribute
uh 10% let’s say 10% of the cost Supply
that’s about a million dollars worth of
value because the market Cap’s at about
$1 million right now and so 10% of the
total Supply is a size amount of money
and the VVS team themselves uh have
committed themselves to contributing
they’re going to match VVS would match
the C comm c committed to the dip
pre-sale with the equivalent of crow and
then they would lock that up into a
liquidity pool owned by VVS themselves
for one year and a lot of people are
looking at this as essentially an
over-the-counter buy of VVS finance and
crypto.com into this meme token for the
very first time essentially establishing
some kind of legitimacy for this token
by incorporating it into one of their
new pre-sales which is being propped up
by VVS Finance themselves and this could
be a step in the right direction for
this token getting listed on the
crypto.com main app at the time of this
recording the crow with knife token is
almost at uh
715 which is good on its way up trying
to continue to make progress it has been
heading slowly up into the right this is
certainly bringing some excitement to
the table
uh and I am very curious to see how this
thing plays out guys when you look at
what’s going on in the crypto space you
will see that defi is increasing in
value as we go on we had a little bit of
a dip with the broader market for the
total value locked up in defi overall
but the facts are this guys as overall
Market continues to climb cocoin even
with this little regulatory hiccup in
the South Korean market is expected to
break its previous all-time high along
with other major cryptocurrency as well
when a parabolic bull market begins
right now excuse me crow versus BTC is
hanging on at a very consistent level we
had a little bit of breakout a little
bit of a pause and the reason for this
guys is because the overall Market needs
to decide that it wants to break its
previous all-time high you can look at
the total market cap we need to get
above $3 trillion when Bitcoin breaks
above its previous highs which we want
to see we’ve already made a new high at
$73,000 we would like to see Bitcoin
break through that High the overall
market cap break through that high as
well that would be the Catalyst to send
cocoin higher that would also be the
Catalyst for more pumpability on any of
the tokens that you might like within
the Kronos ecosystem whether it’s
fulcrum whether it’s VVS whether it’s
tonic whether it’s Crow with knife or
any other the other meme tokens in the
Kronos ecosystem it is all reflected on
bitcoin this story as scary as it may
seem for crypto.com with this South
Korean market hurdle I don’t think it’s
that big of a deal guys in fact it’s
it’s a good thing to see them doing the
due diligence on the front end and once
this gets approved it is once again
going to be a massive sign for future
success for this exchange which I do
personally believe that’s why I am a
holder of crow coins and I hold some
tokens within the Kronos ecosystem
because I believe in this community I
believe in crypto.com I believe in the
regulatory footing that this exchange
has taken through the bar Market leading
into this bull market this is going to
be the first bull market where the
Kronos chain is live and active and
let’s see how comp comptitive it can be
versus some of the other big chains out
there like salana like ethereum uh and
other evm compatible chains like Kronos
is guys that’s all I got for you today a
quick update on the Kronos coin on the
Kronos ecosystem and Crow with knife of
course because I know a lot of people
are watching that one right now that’s
all I got in this one guys I’m Crypt Kip
this is the crypto report don’t forget
to smash the like button subscribe to
the channel for more content and as
always guys don’t forget to DCA hodal
and I’ll see you in the next one thanks
everybody have a great night two videos
for you right here if you want to check
them out peace see you next time

In today’s video Crypto Kip talks about Crypto.com, CRO Coin, caw, and crypto as a whole.
#Cryptocom #cryptonews #cro

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