Cryptocoins News / CoinJournal - 3 months ago
South Korea’s financial regulator plans to gradually ease restrictions on institutional crypto trading, allowing them access to local crypto markets.
Non-profit organisations are at the top of the list of institutions which will be allowed to...
Bitcoin News / Bitcoinist - 3 months ago
On Thursday, the South Korea Stock Exchange chairman, Jeong Eun-bo, revealed their plan to “explore” the approval of crypto-based exchange-traded funds (ETFs) to continue with its “value-up program” and face the ongoing market challenges.
Korea Exch...
Bitcoin News / Bitcoinist - 4 months ago
The Bitcoin (BTC) ‘kimchi premium’ has returned to South Korea’s cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency.
Bitcoin Ki...
Bitcoin News / Bitcoin.com - 4 months ago
On Friday, as the weekend looms, bitcoin (BTC) is holding its ground at $96,751 per coin. Over at Coinbase, a curious twist has appeared over the past 11 days with a negative premium gap of $122, while South Korea is displaying a premium of 3.3% on b...
Bitcoin News / Bitcoinist - 4 months ago
South Korea has announced sanctions against 15 individuals and one entity from North Korea involved in cybercrimes, including large-scale cryptocurrency heists.
The move comes amid rising concerns about North Korea’s use of cyber operations to fund i...
Bitcoin News / Bitcoin.com - 4 months ago
South Korea has seen a significant surge in cryptocurrency adoption, with the number of users jumping by 610,000 in November to reach 15.59 million. Trump Victory Sparks Renewed Interest in Crypto The number of cryptocurrency users in South Korea jum...
Bitcoin News / Bitcoin.com - 4 months ago
A Montenegrin court upheld the extradition of Do Kwon, founder of Terra Labs. The U.S. and South Korea both requested extradition, and a Montenegro minister will decide which country gets him. Montenegro Minister to Decide Do Kwon’s Next Destin...
Cryptocoins News / Finance Magnates - 4 months ago
The number of cryptocurrency investors in South Korea surged
to 15.59 million as of November, a rise of 610,000 from the previous month,
according to data from the Bank of Korea (BOK) released today (Wednesday). This
figure represents approximately 3...
Cryptocoins News / CryptoNinjas - 4 months ago
Key Takeaways:
Over 30% of South Korea’s population, about 15.6 million people, are now investing in cryptocurrency. This marks significant growth.
The total crypto assets of South Koreans have reached $79 billion. Daily trading volumes match...