A recent survey offers a valuable glimpse into the current mood of South Korean cryptocurrency investors. The study, conducted by Bitcoin World and Cratos, sheds light on a […]
Korean Crypto Pulse: Top Searched Tokens Revealed
South Korea’s crypto community, known as the K-Community, plays a significant role in global cryptocurrency trends. Recently, we delved into their active engagement via Bitcoin World, revealing which […]
South Korea’s Banks Face Challenges as Won Stablecoin Takes Hold
A significant shift in the South Korean financial landscape is underway, with the potential introduction of bank-issued won stablecoins. Recent reports from NICE Investors Service highlight how this […]
South Korean Crypto Exchanges See Massive Altcoin Volume Surge
South Korean cryptocurrency exchanges Upbit and Bithumb have experienced a significant jump in trading volume for various altcoins in the past 24 hours. While major crypto projects like […]
Crypto Holdings Among South Korea’s Wealthiest Surge to Over $1.5 Million
Over 10,000 high-net-worth investors in South Korea hold more than $710,000 worth of cryptocurrencies, with the average holding per investor reaching a staggering KRW 2.23 billion ($1.59 million). […]
Bitcoin’s Kimchi Premium: A Quiet Uptick on August 24
South Korean Bitcoin traders saw a slight increase in the ‘Kimchi Premium’ – signifying a price gap between global markets and local South Korea – with the currency […]
South Korean Banks Eye Stablecoin Partnerships for Potential Won-Based Launch
South Korea’s major banks are in talks with Tether and Circle, exploring partnerships to launch a won-based stablecoin. This move aligns with the government’s ambition to boost South […]
Fugitive Linked to $13 Million Crypto Scam Arrested in South Korea
A 60-year-old man, identified only as ‘A,’ has been apprehended after being caught littering in Seoul and revealing his identity as the suspect behind a $13 million cryptocurrency […]
South Korea’s Banks Seek Partnerships with Tether and Circle for Stablecoins
Key South Korean financial institutions are planning meetings with Tether and Circle, the leaders in stablecoin issuance, to explore potential partnerships. Shinhan Bank, Hana Bank, KB Financial Group, […]
South Korea’s Blockchain Potential Unleashed: The Role of a Won-Based Stablecoin
South Korea, a leader in digital payments, is poised to leverage blockchain technology for economic growth. A won-based stablecoin could be the catalyst for this transformation, according to […]
South Korean Actress Hwang Jung-eum Faces Trial for Cryptocurrency Embezzlement
South Korean actress Hwang Jung-eum is facing trial for allegedly embezzling 4.3 billion won from her agency, primarily investing in cryptocurrency. Prosecutors are seeking a three-year prison sentence. […]
South Korea Forms Special Committee to Tackle Crypto Regulations
South Korea’s political landscape is undergoing a significant shift, as the ruling Democratic Party has established a special ad hoc committee dedicated to digital assets. This decision signals […]
South Korea Launches 100 Trillion Won AI Investment Fund
South Korea is taking bold steps towards harnessing the power of Artificial Intelligence (AI) by establishing a 100 trillion won fund for strategic investments in the field. This […]
South Korea Unveils $285 Billion AI Investment Fund
South Korea is taking a significant step towards bolstering its AI capabilities with the announcement of a massive investment fund. The Ministry of Finance has pledged 100 trillion […]
South Korea Launches 100 Trillion Won Fund to Fuel AI Investments
South Korea is gearing up to invest heavily in artificial intelligence (AI) with the announcement of a massive 100 trillion won fund dedicated to strategic sector development. The […]