Asia's weekly TOP10 crypto news (Sep 30 to Oct 6)
1. South Korea’s Crypto News This Week 1.1 South Korea’s National Pension Service Denies Intent to Invest in Virtual Assets, Clarifies Automatic Index Purchases link According to Money Today, the National Pension Service (NPS) of South Korea has addressed concerns regarding its holdings in stocks related to virtual assets, stating that the purchase of Coinbase and MicroStrategy shares was not motivated by an interest in virtual asset investments, but rather due to these companies’ inclusion in the benchmark index (MSCI). The National Pension Service currently holds 280,000 shares of Coinbase, valued at approximately 100.9 billion won, and 200 shares of MicroStrategy, valued at around 400 million won. Although the market has interpreted this as the NPS indirectly investing in virtual assets such as Bitcoin through the acquisition of these stocks, the NPS has refuted this claim, clearly asserting that Bitcoin and other virtual assets are not part of its investment strategy. 1.2 Kakao Exe...