Bitcoin News / Bitcoinist - 10 months ago
South Korea appears to have found itself at a crossroads, engaging with the potential impacts of introducing spot crypto exchange-traded funds (ETFs) into its financial ecosystem.
The Korea Institute of Finance (KIF) recently released a report voicin...
Bitcoin News / Bitcoinist - 10 months ago
South Korea will implement its first crypto act on user protection on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review the over 600 cryptocurrencies they listed on them. Under the new la...
Bitcoin News / Bitcoin.com - 11 months ago
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual...
Bitcoin News / Google News Bitcoin - 11 months ago
South Korean Regulator Excludes Certain NFTs From Crypto Regulations – Regulation Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoinist - 11 months ago
South Korea’s Financial Services Commission (FSC) has unveiled a new regulatory framework for non-fungible tokens (NFTs). The guidelines, issued ahead of the upcoming Virtual Asset User Protection Act taking effect on July 19th, 2024, aim to br...
Bitcoin News / Bitcoin.com - 11 months ago
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) sa...
Bitcoin News / Google News Bitcoin - 11 months ago
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand – Markets and Prices Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 11 months ago
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as...
More / Bitcoin Reddit - 11 months ago
Bitcoin prices performed strongly amid a stock market rally on Wednesday after the U.S. Consumer Price Index (CPI) for April showed inflation slowing from the previous month. Bitcoin prices jumped more than 7% to $66,124.59, marking their best day si...
Bitcoin News / Bitcoin.com - 11 months ago
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South...
Bitcoin News / Bitcoinist - 11 months ago
South Korean law enforcement has struck a blow against social media-fueled crypto scam with the arrest of 19 individuals linked to a deceptive “crypto reading room.” The Daegu Police Agency’s raid, which unfolded on May 21st, expose...
Bitcoin News / Bitcoin.com - 11 months ago
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted...
Bitcoin News / Bitcoin.com - 11 months ago
South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s premi...
Bitcoin News / Google News Bitcoin - 11 months ago
South Korea's Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally – Market Updates ...& & Bitcoin.com News
Cryptocoins News / Finance Magnates - 1 year ago
The introduction of crypto staking services, where
users can deposit their coins to earn rewards, has intensified
competition among exchanges in South Korea, The Korea Times reported. This service has
expanded the scale of staking into trillions of...
Bitcoin News / Bitcoin.com - 1 year ago
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malwa...
Bitcoin News / Bitcoin.com - 1 year ago
Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won s...
Bitcoin News / Google News Bitcoin - 1 year ago
South Korea's Bitcoin Premium Narrows, Yet Remains Above Global Average – Market Updates Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 year ago
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each, the...