Bitcoin News / Google News Bitcoin - 5 months ago
South Korea's Bitcoin Premium Persists Amid Market Volatility – Market Updates Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 5 months ago
Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premi...
Bitcoin News / Bitcoin.com - 5 months ago
The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its...
Bitcoin News / Bitcoin Magazine - 6 months ago
South Korea's National Pension Service (NPS) has purchased $34 million worth of shares in MicroStrategy, the business intelligence firm that has accumulated billions in Bitcoin.JUST IN: ???????? South Korean pension fund reports buying $34 million in...
Bitcoin News / Bitcoin.com - 6 months ago
On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trad...
Bitcoin News / Bitcoin.com - 6 months ago
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin,...
Bitcoin News / Bitcoin.com - 6 months ago
The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week. Bitcoin Slid...
Bitcoin News / Google News Bitcoin - 6 months ago
Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 6 months ago
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a f...
Bitcoin News / Bitcoinist - 6 months ago
After a drawn-out legal battle spanning over 16 months, the Montenegrin Court of Appeal has finally ruled that cryptocurrency entrepreneur Do Kwon will be extradited to his home country of South Korea, rejecting a parallel extradition request from th...
Cryptocoins News / Finance Magnates - 6 months ago
Do Kwon, the co-founder of the bankrupt Terraform Labs, will be extradited to South Korea, a Montenegro appeals court ordered yesterday (Thursday), rejecting the United States’ bid. However, it remains unclear when he will be sent to his home country...
Bitcoin News / Bitcoin.com - 7 months ago
Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a parliamentary ses...
Bitcoin News / Bitcoin.com - 7 months ago
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhe...
Bitcoin News / Bitcoinist - 7 months ago
This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to comply with stricter requirements to protect investors and their assets.
South K...