A major shift in investment preferences is underway within South Korea’s retail market, marking a dramatic departure from traditional stocks like Tesla. This trend is being driven by […]
South Korea Tackles Crypto Illicit Flows with New Partnership
To bolster its financial defenses, South Korea has joined forces with cryptocurrency exchanges in a groundbreaking initiative to combat rising illicit foreign exchange transactions involving digital assets. This […]
South Korea’s SEC Chair Candidate Sparks Debate Over Crypto Value
Lee Eok-won, the nominated chairman of South Korea’s Financial Services Commission (FSC), has ignited controversy with his stance on cryptocurrencies. In written submissions before taking office, Lee argued […]
South Korea Prepares to Share Crypto Transactions for International Tax Transparency
South Korea is taking a major step toward global financial transparency by initiating a plan to share crypto transaction data with foreign tax authorities. This move signifies a […]
South Korea’s FSC Chief Nominee Sparks Backlash Over Crypto Stance
Lee Eok-won, the nominee for South Korea’s Financial Services Commission (FSC) chief position, has stirred controversy in the country’s cryptocurrency community. Lee contends that cryptocurrencies have no intrinsic […]
South Korean Investors Shift Funds to Crypto Stocks Amidst Disillusionment with Tesla
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 […]