President Lee Jae-myung of South Korea has unveiled a comprehensive plan to foster the growth of its domestic cryptocurrency market, aiming to establish the nation as a leading […]
Dunamu’s Strong First Half Results Highlight the Resilience of South Korean Crypto Market
South Korea’s leading cryptocurrency company, Dunamu, has reported impressive financial gains in its first half of 2023. The operator of the Upbit exchange witnessed a surge in profitability, […]
South Korea’s KRW Stablecoin: Uncertainty and Future Prospects
South Korea’s adoption of KRW stablecoins faces challenges due to unresolved regulatory policies. These restrictions impact financial markets, fintech initiatives like Kakao’s project, and overall market confidence. President […]
Bithumb Returns to Crypto Lending with Safer Rules
After a pause in service initiated in late July due to low participation, Bithumb is back with a revised crypto lending platform. Emphasizing safety and sustainability, the company […]
Bithumb Reduces Lending Limits Amid Regulatory Scrutiny and Increased Risk Awareness
Following regulatory pressure, Bithumb significantly reduced its cryptocurrency lending limits. The exchange lowered maximum leverage to 2x and cut loan caps by 80%, reflecting a growing concern about […]
Bithumb Tightens Crypto Lending Rules Amid Investor Safety Concerns
South Korea’s leading cryptocurrency exchange, Bithumb, has drastically scaled back its lending program after just a month of launch due to low participation and concerns over investor safety. […]
Bithumb Tightens Crypto Lending Rules After Investor Concerns
South Korean exchange Bithumb has implemented stricter rules for its crypto lending service, reducing leverage and loan limits to mitigate investor risk concerns following a suspension earlier this […]
BitMine Share Boom: South Korean Investors Drive $259M surge in Stock
South Korea’s retail investors are making waves in global financial markets, driving a remarkable surge in BitMine shares. Since early July, they have invested a staggering $259 million […]
Seoul Seizes $210 Million in Crypto Tax Debt, Signaling Shift in Digital Economy
South Korea’s capital has made a significant move towards addressing crypto tax evasion. The Seoul Gangnam District successfully seized ₩210 million ($210 million USD) in unpaid virtual asset […]
South Korea’s Investors Flock to Crypto Equities: A Shift in Focus
South Korean investors are re-evaluating their investment strategies, shifting away from large technology stocks towards crypto equity investments. This trend marks a significant shift as crypto stocks now […]
South Korea Shifts Investments: Stablecoins Replace Big Tech
South Korean investors are increasingly shifting their investments away from U.S. tech giants and toward stablecoin stocks, driven by a combination of regulatory changes and economic trends. Following […]
South Korean Investors Shift Focus from Big Tech to Crypto-Linked Stocks Fueled by Stablecoins
A recent surge in South Korean retail investors is shifting their investment focus away from major tech companies like Google and Apple, towards crypto-linked stocks. Notably, stablecoin-related firms […]
South Korea Shifts Investment Focus from Big Tech to Crypto-Linked Equities
South Korean retail investors are increasingly turning away from established U.S. tech giants like Apple and Microsoft in favor of volatile crypto-linked stocks, according to data released by […]
Korean Crypto Trends: What’s Driving the South Korean Digital Asset Revolution
Dive into the dynamic world of cryptocurrency trends, focusing specifically on the captivating Korean crypto community. This week’s analysis reveals fascinating insights from Bitcoin World data covering August […]
Why Short-Term Bonds Are Key for South Korea’s Stablecoin Success
South Korea’s journey towards a stablecoin pegged to the Won faces a significant obstacle: the absence of easily accessible short-term government bonds. This key element, highlighted by KCMI […]