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About SKY

Sky (SKY) is a cryptocurrency launched in 2024. SKY has a current supply of 23.46Bn with 0 in circulation. The last known price of SKY is 0.094223166563 USD and is -0.002671948981 over the last 24 hours. It is currently trading on active market(s) with $21.46M traded over the last 24 hours. More information can be found at .
SKY Price Statistics
SKY’s Price Today
24h Price Change
-$0.0026719489812.76%
24h Volume
$21.46M10.21%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3935
SKY Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.21Bn
SKY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SKY Supply
Circulating Supply
0
Total Supply
23.46Bn
Max Supply
0
Updated Dec 05, 2024 9:22 pm
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SKY
Sky
$0.094223166563
$0.002671948981(-2.76%)
Mkt Cap $0
There's nothing here for now
South Korea's FSC Clarifies Stance On Corporate Crypto Accounts
South Korea's FSC Clarifies Stance On Corporate Crypto Accounts
According to Cointelegraph, South Korea's Financial Services Commission (FSC) has refuted claims that it plans to release a roadmap for corporate cryptocurrency accounts by the end of the year. Reports from Korea Economic Daily, citing unnamed sources, suggested that the FSC had devised a phased strategy to enable corporate crypto trading, initially targeting universities and local governments in 2025, with corporations and financial institutions to follow. However, the FSC clarified in a statement on December 4 that no decisions have been finalized, and discussions are still ongoing. The commission emphasized the need for caution in reporting on this matter, stating that the issue of corporate real-name accounts for virtual assets requires further deliberation and that specific measures have not yet been determined. The FSC recently established a crypto committee, which held its first meeting on November 6 to explore the possibility of easing restrictions on institutional participation in the crypto market. Currently, South Korean corporations face significant barriers to trading cryptocurrencies on exchanges that provide fiat-to-crypto services. Local regulations mandate that investors use real-name accounts at licensed banks partnered with cryptocurrency exchanges. Only five exchanges have secured such partnerships, and banks typically restrict corporations from opening these accounts to adhere to Anti-Money Laundering guidelines. In the absence of corporate involvement, South Korea's crypto market has been predominantly driven by retail investors. This dynamic has positioned the Korean won as one of the leading fiat trading pairs for cryptocurrency earlier this year. The prominence of South Korea's crypto market was underscored during a recent political crisis when President Yoon Suk-yeol declared emergency martial law, a decision that was quickly overturned by the National Assembly and retracted by the president within six hours. During this brief period, the nation's crypto trading volume reached nearly $35 billion in 24 hours, as reported by local media. This figure surpassed Indonesia's total cryptocurrency trading volume for the entire year up to October, highlighting South Korea's significant role in the global crypto landscape. Indonesia ranks third on the Chainalysis Global Crypto Adoption Index.
Dec 05, 2024 9:13 pm

Frequently Asked Questions

  • What is the all-time high price of Sky (SKY)?

    The all-time high of SKY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sky (SKY) is 0. The current price of SKY is down 0% from its all-time high.

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  • How much Sky (SKY) is there in circulation?

    As of , there is currently 0 SKY in circulation. SKY has a maximum supply of 0.

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  • What is the market cap of Sky (SKY)?

    The current market cap of SKY is 0. It is calculated by multiplying the current supply of SKY by its real-time market price of 0.094223166563.

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  • What is the all-time low price of Sky (SKY)?

    The all-time low of SKY was 0 , from which the coin is now up 0%. The all-time low price of Sky (SKY) is 0. The current price of SKY is up 0% from its all-time low.

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  • Is Sky (SKY) a good investment?

    Sky (SKY) has a market capitalization of $0 and is ranked #3935 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sky (SKY) price trends and patterns to find the best time to purchase SKY.

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