🇺🇿 Uzbekistan has significantly increased state fees for cryptocurrency market participants:

🔴 For exchanges: from $21 000 to $2.1 million;
🔴 For exchangers: from $5 300 to $108 300;
🔴 For custodial services: up to $201 100;
🔴 For mining pools: up to $85 100.

The regulator stated that the new fees aim to protect the market from fraudulent projects. The country has licensed two exchanges, three custodial services, and nine exchangers.

@DeCenterOrg

✈️ Pavel Durov announced that Telegram has become profitable for the first time, with total revenue exceeding $1 billion and the company holding over $500 million in its accounts by the end of the year (excluding TON).

@DeCenterOrg

⚛️ Today, the Cosmos Foundation sold 295 BTC ($27.7 million), which were raised during their ICO in 2017. Additionally, this year, the company sold 21 600 ETH. They still hold 96.4 BTC and 17 188 ETH worth a total of $67 million.

ATOM, the project's native token, is showing one of the worst performances. When BTC was priced at $16 000, ATOM traded at $10, but now its value has dropped to $6.8.

@DeCenterOrg

🇰🇷 South Korea is experiencing a real cryptocurrency boom:

🔴 15.6 million people, or 45% of the economically active population, already own cryptocurrencies.

🔴 The number of crypto investors is growing by approximately 100 000 people every month.

🔴 Residents of the country hold digital assets worth $69 billion, with the average investor’s portfolio amounting to $4 400.

🔴 South Korea’s top 5 exchanges handle daily trading volumes of up to $10 billion, nearly catching up with the KOSDAQ stock market.

@DeCenterOrg