The bank had previously expressed its anticipation of the cryptocurrency's value reaching $100,000 by that time.
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According to a recent report from the firm, it has been stated that the prolonged bear market in cryptocurrency has come to an end, and the upcoming bitcoin halving event is expected to have a positive impact on the price.
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Following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd, the South Korean government is proposing stricter rules, including a common listing requirement, for all cryptocurrency exchanges in the nation (UST).
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