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South Korea’s Capital Flow Control Enabling Kimchi Premium, Says BoA
With the Kimchi premium back in the South Korean market, the Bank of America (BoA) believes that the persistent premium is as a result of the government’s capital flow control policy. Kimchi Premium Persists Because of Capital Flow Control According to Reuters on Tuesday (May 18, 2021), BTC price on Tuesday was $4000 higher thanRead More дальше »
2021-5-19 15:00 | |
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South Korean Company Crypto Holdings Pass 10 Billion Won
Local media outlets report that several well-known South Korean companies are holding cryptocurrencies as intangible assets, demonstrating the growth of the market. The post South Korean Company Crypto Holdings Pass 10 Billion Won appeared first on BeInCrypto. дальше »
2021-5-10 10:51 | |
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Dogecoin volumes in Korea exceeded those of its entire stock market yesterday
South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. The post Dogecoin volumes in Korea exceeded those of its entire stock market yesterday appeared first on CryptoSlate. дальше »
2021-5-5 19:00 | |
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Bitcoin and Ether Aren’t the Top Traded Crypto’s on Binance Or the Biggest South Korean Exchange
DOGE is the one that is yet again leading the market, closing in on a $100 bln market cap, and is accounting for 41. 55% of Upbit’s overall volume, which is also more than Coinbase Pro’s entire volume. дальше »
2021-5-5 17:46 | |
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Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC)
South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The post Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC) appeared first on CryptoSlate. дальше »
2021-4-29 11:16 | |
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Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very successful stories. дальше »
2021-4-24 07:30 | |
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Bitcoin Hits a New ATH Above $63,000 & Ether $2,200 Amidst Extreme Excitement & Wariness About Coinbase IPO
The crypto market is either hyper bullish or bearish of the direct listing of the largest US crypto exchange on Wednesday while BTC, after a month from last high and trading above $72k on Korean exchanges, and Ether both hit a new ATH. дальше »
2021-4-13 15:28 | |
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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. дальше »
2021-4-10 06:30 | |
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Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange?
A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week. The post Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange? appeared first on CryptoSlate. дальше »
2021-4-8 04:00 | |
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Experts say new South Korean crypto rules will create a monopolized market
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements. дальше »
2021-3-24 13:48 | |
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South Korean crypto exchange volumes surpass those of its entire stock market
The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium. ’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday. дальше »
2021-3-15 15:49 | |
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Xeno Holdings Invests In South Korean-Based CityLabs Co. Ltd
Xeno Holdings Limited, a Hong Kong-based technology investment company, has invested major capital in CityLabs Co. Ltd to further venture into the South Korean market and Asia at large. The company has recently shown interest in penetrating the South Korean market stating favoring conditions. дальше »
2021-3-15 12:49 | |
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Top VC’s Including Coinbase, Galaxy Digital & Pantera Inject $25M into Terraform Labs
Stablecoin e-commerce creator Terraform Labs recently concluded a $25 million funding round that features Coinbase Ventures, Galaxy Digital, Pantera Capital, and other companies. The Singaporean-based crypto and tech startup has successfully penetrated the South Korean market and wants to expand its operational capacities with the funding. дальше »
2021-1-28 23:30 | |
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Binance gives up on trying to conquer the Korean market
Binance has been one of the biggest crypto exchanges in the world for years, now. The platform constantly worked on expanding its ecosystem, either by adding new services, or by expanding its physical presence via new subsidiaries. дальше »
2020-12-25 17:22 | |
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Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ $84 Million in Crypto
South Korean authorities are pushing for Coinbit executives' prosecution for wash trading and market malpractices on their exchange. Local reports from Seoul’s financial website, Newspim, confirm that Seoul Metropolitan Police Agency has handed over Coinbit’s chairman Choi Mo and two other unnamed executives at the exchange to the prosecution office for market manipulation charges, forgery, […] The post Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ Million in Crypto first appeared on BitcoinExchangeGuide. дальше »
2020-12-9 19:53 | |
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Korean payment giant Danal joins ICON blockchain ecosystem
Danal Fintech, a subsidiary of Danal, one of the largest payment companies in South Korea, today announced that they are joining the ICON blockchain ecosystem, the largest decentralized network in Korea by market capitalization. дальше »
2020-11-12 07:25 | |
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Bithumb Ranks First in Korea and Third in the World in Crypto Trading Volume
According to South Korean Exchange Market Review, a report published by Blockchain Transparency Institute (BTI) on August 20th, Bithumb was ranked third in the world... дальше »
2020-9-9 09:23 | |
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Chainlink (LINK) taps South Korea’s biggest banks to bolster forex and DeFi
Financial market data from South Korean banks will now feature on Chainlink’s decentralized oracles services, as announced at an event in Seoul on Friday. The post Chainlink (LINK) taps South Korea’s biggest banks to bolster forex and DeFi appeared first on CryptoSlate. дальше »
2020-7-26 09:00 | |
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South Korean Cryptocurrency COST COIN + Lists on ProBit Exchange with an Eye on International Adoption
Cost Coin + (AKM) has announced a KRW market listing on global cryptocurrency platform ProBit Exchange, where trading is available as of June 10, 2020, at 17:00 KST. COST COIN+ is a global blockchain project that connects services in travel, resort, and lifestyle. дальше »
2020-6-25 17:31 | |
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Samsung’s New EAL 6+ SE Chip For Mobile Devices to Enhance Security for Crypto Transactions
Samsung, the South Korean tech giant who boasts of a significant global market share in the smartphone business has announced a new turnkey security solution chip meant to secure crypto transactions on mobile phones. дальше »
2020-5-28 21:47 | |
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South Korean Government Labels Blockchain a Golden Opportunity
A South Korean minister is calling to local firms to seize “golden” opportunities in the global blockchain market
дальше »2020-4-19 19:50 | |
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Binance Korean Cloud Exchange Adds Zero-Fee Trading
The leading crypto exchange quietly dropped the news that it was entering the South Korean market with Binance KR earlier this week. Not only will this be the first exchange to run on the Cloud but it will be zero-fee as well. дальше »
2020-4-2 12:24 | |
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Binance's South Korean adventure a sign of country's growing crypto-significance
One of the world's leading cryptocurrency exchange platforms, Binance has announced its foray into the South Korean cryptocurrency market via the launch of Binance KR, a crypto-to-crypto exchange for The post Binance's South Korean adventure a sign of country's growing crypto-significance appeared first on AMBCrypto. дальше »
2020-3-31 08:15 | |
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South Korea Banking Giant Plans to Launch Crypto Custody Service
KB Kookmin Bank, South Korea’s largest bank, is planning to launch a crypto custodial service known as KB Digital Asset Custody (KBDAC). The entry of the South Korean financial giant into the crypto market could spark widespread adoption across financial institutions in the country. дальше »
2020-3-28 22:00 | |
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ProBit Exchange Now Top 5 Korean Crypto Exchange with Trade Mining Rebates Ahead of Official Crypto Legalization
ProBit Exchange welcomes the South Korean government act to legalize and regulate crypto. This decision will further solidify the current pioneers in the cryptocurrency exchange market as it will equalize the regulatory standing of Korean crypto exchanges. дальше »
2020-3-17 12:00 | |
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Ripple and Coinone Partnership Expands Quickly in Newly Opened Korean Remittance Market
Coinspeaker Ripple and Coinone Partnership Expands Quickly in Newly Opened Korean Remittance MarketThe partnership between Ripple and Coinone is spreading quite impressively and controlling a large part of the Korean international remittance market. дальше »
2020-3-7 18:04 | |
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South Korean exchanges' delisting spree may be blessing in disguise
Bitcoin was the only cryptocurrency back in 2009. Today, there are a total of 5,164 cryptocurrencies. To say that the cryptocurrency market has grown is, therefore, an understatement. With new coinThe post South Korean exchanges' delisting spree may be blessing in disguise appeared first on AMBCrypto. дальше »
2020-3-5 12:30 | |
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With Ripple, CROSS ENF Expands Quickly in Newly Opened Korean Remittance Market
Cross Enf is a blockchain-based financial services company in South Korea leveraging Ripple’s global network, real-time transfer capabilities and transparent transaction features to achieve hypergrowth in the newly opened Korean remittance market. дальше »
2020-11-19 22:00 | |
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With Ripple, Cross Enf Expands Quickly in Newly Opened Korean Remittance Market
Cross Enf is a blockchain-based financial services company in South Korea leveraging Ripple’s global network, real-time transfer capabilities and transparent transaction features to achieve hypergrowth in the newly opened Korean remittance market. дальше »
2020-10-22 22:00 | |
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With Ripple, Coinone Transfer Expands Quickly in Newly Opened Korean Remittance Market
Coinone Transfer is a blockchain-based financial services company in South Korea leveraging Ripple’s global network, real-time transfer capabilities and transparent transaction features to achieve hypergrowth in the newly opened Korean remittance market. дальше »
2020-3-6 22:00 | |
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Bithumb Signs MoU With BitMax To Expand Cryptocurrency Services In The Global Market
South Korean cryptocurrency exchange, Bithumb enters into a strategic partnership with BitMax, a Singapore based exchange founded in 2018. According to the official announcement, the partnership aims to boost the development of blockchain and crypto solution across the industry with a key focus on liquidity on exchanges. дальше »
2020-2-18 16:51 | |
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South Korean Crypto Exchange APRObit Adopts Bitfinex Joint Order Book System, Launching in March
It will be the only cryptocurrency exchange available in South Korea that adopts an international joint order book system. APRObit will be the first exchange in South Korea to adopt Bitfinex’s joint order book system, which shares the market depth of Bitfinex’s BTC, ETH, and USDT trading pairs APRObit will be the only exchange inRead MoreRead More. дальше »
2020-2-13 16:00 | |
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South Korean Crypto Wallet BitBerry Calls it Quits
Popular South Korean crypto wallet, Bitberry, is closing down soon. The CEO of Bitberry’s parent company cited “market deterioration and uncertainty in the blockchain industry” as the reason for discontinuing the app. дальше »
2020-2-1 02:30 | |
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Bithumb Cryptocurrency Exchange Will Enter Singapore Market Via Local Platform BitHolic
Bithumb, a prominent South Korean cryptocurrency exchange, is set to enter the crypto market of Singapore soon. According to a local media outlet called News1 Korea, the company has acquired a regulated company in the country to buy its entrance in the market. дальше »
2019-8-9 01:17 | |
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South Korean Fashion Platform Sinsang Market to Partner With Terra Stablecoin
Terra, a Singapore-incorporated stablecoin company, has recently decided to start a partnership with Sinsang Market, a major B2B fashion platform based in South Korea. According to a local site based on financial news, the new partnership will see vendors linked to the fashion market in South Korea. The two firms will get together to create […] дальше »
2019-8-6 23:37 | |
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South Korean Crypto Project ICON Adjusts Supply For Approaching Reshape
So far this year Bitcoin has taken the crypto limelight as its market dominance has surged at the expense of the altcoins. Many blockchain projects are still busy working hard at improvements and South Korea’s ICON is among them as it makes changes in preparation for upcoming public representative elections. дальше »
2019-7-12 15:00 | |
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Kimchi premium returns as Asian traders stack Bitcoin
When South Korean investors piled into Bitcoin in late 2017, its price in Korean won soared even higher than the dollar, with Korean traders paying up to fifty percent more than westerners. With this 'kimchi premium', as it came to be known, returning to the market, what are the implications for Asian traders and for Bitcoin? дальше »
2019-7-5 16:30 | |
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Bitcoin and Ether Trade at Large Premium on South Korean Crypto Exchanges
The number one and two crypto assets by market capitalisation are currently trading at a large premium across South Korean exchanges. Bitcoin is selling close to $800 more than the rest of the world and Ether at around $20 higher. дальше »
2019-6-29 00:00 | |
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Bitcoin is the 11th largest monetary system in the world, ahead of Korean won
Bitcoin’s current market capitalization would make it the 9th largest monetary system in the world, ahead of the Korean won and behind the Russian ruble. Bitcoin continues to grow The monetary base is defined by the US Federal Reserve as: “The sum of currency in circulation and reserve balances—deposits held by banks and other depository […] The post Bitcoin is the 11th largest monetary system in the world, ahead of Korean won appeared first on CryptoSlate. дальше »
2019-6-21 10:46 | |
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Huawei delays the foldable Mate X to avoid Samsung’s mistakes
In the wake of Huawei’s US export ban, its easy to forget that the company was due to launch one of the first folding phones to hit the market. The $2,600 Mate X was set to go head-to-head with Samsung’s Galaxy Fold, but after the Korean giant delayed the device due to mishaps with early review units, Huawei says it wants to avoid the same mistakes. дальше »
2019-6-15 22:38 | |
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Korean Regulators Vow to Keep Exchanges in Check Amid Bitcoin Spring
While the surge in bitcoin and altcoin prices has ushered in another wave of excitement into the cryptospace, South Korean authorities remain focused on managing local expectations surrounding the industry. дальше »
2019-5-29 15:00 | |
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South Korean Establishes a Pan-Governmental Gathering to Address Growing Crypto Interest
A pan-governmental meeting was made in South Korea recently in order to monitor more closely the crypto market of the country. According to reports from KBS World Radio, a local broadcasting station in the country, one of the reasons why the meeting was proposed was to discuss the market after the prices of crypto started […] дальше »
2019-5-29 08:33 | |
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