Cryptocoins News / Finance Magnates - 2 years ago
South Korea's National Pension Service (NPS) has taken
a noteworthy leap into the world of cryptocurrencies, as per a recent regulatory
filing with the US Securities and Exchange Commission (SEC). The NPS ventured into the crypto market in the third...
Bitcoin News / Bitcoin.com - 2 years ago
Regulatory filings with the U.S. Securities and Exchange Commission (SEC) reveal that the National Pension Service of South Korea acquired 282,673 Coinbase Global shares in 2023’s third quarter. This transaction, valued at approximately $20 mil...
Cryptocoins News / The Cointelegraph - 2 years ago
South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 of 2023. The National Pension Service (NPS), a...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin and ethereum have remained stable on Wednesday, showing little change in their values recently. In contrast, solana (SOL) experienced a notable surge, climbing over 19% against the U.S. dollar, moving from a low of $52.92 to a peak of $63.32....
Cryptocoins News / The Cointelegraph - 2 years ago
The disclosure will be a part of the party’s effort to show the 'high moral standards' of its candidates. The Democratic Party of Korea, which holds 167 out of 300 man...
Cryptocoins News / The Cointelegraph - 2 years ago
The disclosure will be a part of the party’s effort to show the “high moral standards” of its candidates. The Democratic Party of Korea, which holds 167 out of 300 sea...
by COINS NEWS - 2 years ago
Beauty + Blockchain = Innovation at its finest. Give crypto another decade, South Koreans will iron out the problems faced with NFTs usage, then the rest of the entertainment world can follow from its experiences and guidelines. ????????????⏳??...
Bitcoin News / Bitcoinist - 2 years ago
Bithumb, the second-largest cryptocurrency exchange in South Korea, is actively preparing for an initial public offering (IPO) on the KOSDAQ market, the country’s version of the NASDAQ in the United States, local news outlet Edaily reported on...
Cryptocoins News / Finance Magnates - 2 years ago
South Korea’s Bithumb is preparing to become the first cryptocurrency exchange in the country to be a publicly listed company, according to multiple local media reports. Interestingly, the listing aims not to raise funds but to enhance market trust i...
Bitcoin News / Bitcoin.com - 2 years ago
Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in 2025. Insider information indicates that Bithumb is considering a debut on Kosdaq and might transition to the Korea Exchange (KOSPI)...
Bitcoin News / Bitcoinist - 2 years ago
There has been significant development within the Web3 industry recently. South Korean telecommunications giant SK Telecom is set to introduce a Web3 wallet in collaboration with Aptos and Atomrigs Lab.
SK Telecom aims to tap into the potential of b...
Cryptocoins News / The Cointelegraph - 2 years ago
SK Telecom aims to expand its “affiliations with customer-preferred mainnets and decentralized applications (dApps)” using this tripartite agreement with the blockchain companies....
Bitcoin News / Bitcoin.com - 2 years ago
South Korean crypto traders are more inclined to invest in high-risk, high-reward altcoins than their American counterparts, according to a new report. The share of major cryptocurrencies like bitcoin and ethereum in the trading volumes on the larges...
Bitcoin News / Bitcoinist - 2 years ago
According to a recent report from Web3 market strategy consulting firm DeSpread report, the Korean crypto space will be populated by roughly 6 million investors, comprising more than 10% of the entire population.
Centralized Exchanges (CEX) appear to...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin has soared, doubling its value since the start of the year. Yet, intriguingly, the famed “Kimchi premium” in South Korea remains absent in this current surge of bullish activity. This is a notable deviation from previous...
Bitcoin News / Bitcoinist - 2 years ago
In South Korea, XRP, the native currency of the XRP Ledger (XRPL), is king, not Bitcoin (BTC). According to Kaiko’s research, trading is concentrated chiefly on XRP, which stays ahead of Bitcoin, Ethereum (ETH0, Solana (SOL), and other altcoins...
Bitcoin News / Bitcoin.com - 2 years ago
Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast Asian city-state which has estab...
Cryptocoins News / The Cointelegraph - 2 years ago
The Virtual Asset Users Protection Act was passed in June without a sufficient regulatory framework, the head of South Korea’s Financial Supervisory Service said. Sou...
Cryptocoins News / The Cointelegraph - 2 years ago
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license. The Singapore entity for Upbit, South Korea...
Cryptocoins News / Blockchain - 2 years ago
The disclosure of 'Compensation Reserve Funds' by South Korean crypto exchanges, led by Upbit with KRW 20 billion, reflects the country's broader regulatory strides aimed at ensuring user protection, transaction transparency, and market discipline. T...