๐ฐ๐ท JUST IN: COINONE DENIES COINBASE STAKE RUMORS โ MARKETS REACT ANYWAY
South Koreaโs third-largest crypto exchange #Coinone has denied reports of a potential equity deal with #Coinbase , calling the claims โgroundless.โ
Despite the denial, Com2uS Holdings, Coinoneโs second-largest shareholder, surged 17%, highlighting how sensitive markets remain to M&A speculation in the crypto sector.
Meanwhile, Koreaโs Financial Services Commission is reportedly considering capping major shareholder ownership at 15โ20%, signaling tighter regulatory oversight ahead.