Korean retail investors have significantly reduced their holdings in Tesla stock over the past four months, shifting their investment focus towards crypto firms. This trend is attributed to […]
South Korean FSC Nominee Criticizes Crypto’s Value in Confirmation Hearing
Lee Eok-won, a nominee for chairman of South Korea’s Financial Services Commission (FSC), faced harsh criticism from the crypto community during his confirmation hearing. He openly stated that […]
South Korea’s New FSC Chair Dismisses Cryptocurrency Value
Lee Eok-won, the nominee for chairman of South Korea’s Financial Services Commission (FSC), has publicly questioned the intrinsic value of cryptocurrency. In a statement to lawmakers ahead of […]
South Korean Investors Sell $657M in Tesla Stock, Shifting Towards Crypto
South Korean retail investors recently sold a significant amount of Tesla stock, netting $657 million in August. This marks the largest outflow since early 2023 and coincides with […]
FSC Nominee’s Crypto Stake Raises Questions About South Korea’s Cryptocurrency Policy
A shocking revelation has emerged concerning the nominee for chairman of the Financial Services Commission (FSC) in South Korea, Lee Eog-weon. This appointment holds significant weight given the […]
South Korea’s Exports Rise Despite Washington Tariffs
Despite challenges posed by US tariffs, South Korea’s exports have shown resilience in August. Strong demand for semiconductors and automobiles has contributed to continued trade growth. According to […]
South Korea Takes Action: Pioneering Fair Crypto Regulations
In the dynamic world of virtual assets, where opportunities abound and risks are present, South Korea has taken a decisive step to address unfair trading practices. Lee Eog-weon, […]
South Korea’s Crypto Exchanges See Major Trading Spike: XRP and ETH Top Volumes
South Korean cryptocurrency exchanges Upbit and Bithumb have experienced a significant surge in trading volume over the past 24 hours. Leading altcoins like XRP and Ethereum (ETH) led […]
South Korean Investors Flock to Cryptocurrency Company Stocks
Recent data shows a shift in focus among South Korean investors, moving away from Bitcoin and altcoins towards stocks of cryptocurrency companies. Investments in these companies have soared […]
South Korea’s Shift: From Bitcoin to Crypto Companies
South Korean investors are making a notable shift away from traditional cryptocurrencies like Bitcoin and toward stocks of cryptocurrency companies. This trend is evident in the significant investment […]
Unveiling the Drivers Behind XRP’s Resilience: South Korea’s Influence and Institutional Adoption
A recent decline of 4.3% for XRP, from $3.02 to $2.89, has prompted investor and market interest as trading volume surged amidst a unique local trend. South Korean […]
South Korea to Implement Digital Currency for $110 Trillion Government Subsidy Pilot
South Korea will utilize its Central Bank Digital Currency (CBDC) to distribute over 110 trillion won in government subsidies. This new pilot program, focused on the private sector, […]
South Korea Pushes for Stablecoin Regulation as Digital Finance Takes Center Stage
South Korea’s political landscape is shifting with the nation’s stance on digital currencies gaining momentum. The country’s opposition party has prioritized legislation for a won stablecoin, a move […]
South Korea Ditches CBDC Pilot, Embraces Stablecoins for Payments
South Korea has ended its central bank digital currency (CBDC) pilot program in July 2025, shifting focus to stablecoins. This decision reflects a broader global trend towards stablecoin […]
Bitplanet Invests $40 Million in Bitcoin, Becoming First Institutional Player in Korea
Bitplanet, a new entity in South Korea, has made a significant move by allocating $40 million to its Bitcoin treasury. This marks the first instance of an institutional-grade […]