Major South Korean banks are advocating for the elimination of the one-to-one cryptocurrency exchange rule currently governing digital asset trading platforms. This proposal aims to ease restrictions on […]
Unlocking Crypto’s Potential: Korean Bank CEO Proposes Multi-Bank Partnerships for Exchanges
South Korea’s cryptocurrency industry is poised for a significant transformation as Woori Bank’s CEO, Jung Jin-wan, advocates for a move away from the current one-bank-per-exchange model. This proposal […]
South Korea’s Kospi Suffers as Trump Tariffs Take Effect
The South Korean Kospi index experienced volatility on Monday following the implementation of new tariffs imposed by the Trump administration. These tariffs are impacting various sectors across the […]
South Korea Provides $2 Billion in Aid to Carmakers Facing Tariff Threats
South Korea has announced a significant financial aid package of $2 billion to support its struggling car manufacturers, who are facing increasing uncertainty due to potential U.S. tariffs. […]
South Korea’s Pension Service Explores Blockchain for Enhanced Security in Fund Management
South Korea’s National Pension Service (NPS) is evaluating the potential of blockchain technology to enhance security and transparency in managing pension fund transactions. The move aims to prevent […]
South Korea’s Cryptocurrency Trading Soars Amid False News Reports
Reports indicate a significant surge in South Korean cryptocurrency trading volume following the dissemination of false information regarding U.S. President Donald Trump’s potential tariff policy changes. The spread […]
South Korea’s Cryptocurrency Trading Volume Soars Following False News Spread
South Korea saw a dramatic surge in cryptocurrency trading volume after the spread of false news regarding U.S. President Donald Trump’s potential tariff changes. Reports from PANews and […]
South Korean Crypto Investors Embrace CBDC Pilot Program: Survey Shows Strong Support
A recent survey reveals the enthusiastic response of South Korean investors to the Bank of Korea’s (BOK) Central Bank Digital Currency (CBDC) pilot program. The survey, conducted by […]
Korean Crypto Exchanges Reinstate Withdrawal Delays Amidst Rise in Phishing Scams
South Korean cryptocurrency exchanges are reversing their recent policy shift, reintroducing withdrawal delays due to a surge in phishing scams. This move prioritizes security over user convenience in […]
South Korea’s National Pension Service Invests in Blockchain Technology
The National Pension Service (NPS), one of the world’s largest public pension funds with over $800 billion under management, is planning to explore blockchain technology for its investment […]
South Korea’s Pension Service Invests in Blockchain for Enhanced Transparency
South Korea’s National Pension Service (NPS), managing assets worth 1,224 trillion Korean won (over $836 billion), is exploring the use of blockchain technology to improve transparency and security […]
South Korea’s Exchange Activates Sidecar Mechanism Amid Market Volatility
The Korean market experienced dramatic declines, with the Nikkei 225 dropping 8.4% and the KOSPI 200 falling 5%. To address this volatility, the Korea Exchange activated its sidecar […]
South Korea’s XRP Surge: How High Demand is Fueling the Altcoin’s Rise
XRP has defied broader market weakness, with a recent surge defying its peers. Cryptocurrency expert XForceGlobal identifies South Korea as a key driver of this resilience. Their analysis […]
South Korea Sets June 3rd as Deadline for Upcoming Presidential Election
Acting President Han Duck-soo and Chairman Noh Tae-ak have agreed upon a tentative date of June 3rd for an early presidential election in South Korea. The decision, according […]
South Korean President Yoon Suk-yeol Impeached and Removed From Office
The South Korean Constitutional Court has voted unanimously to remove President Yoon Suk-yeol from office following his impeachment. Acting Chief Justice Moon Hyung-bae read the court’s decision, marking […]