In a stunning legal decision, a South Korean court has ruled that users must return excess Bitcoin obtained from a 2018 Coinone glitch. This Bitcoin news highlights the legal complexities surrounding cryptocurrency exchanges and user accountability. What Happened in the Coinone Bitcoin Glitch? In October 2018, a system error on South Korean exchange Coinone allowed […]
South Korea’s financial sector is making bold moves into cryptocurrency as KB Kookmin Card files 35 stablecoin-related trademarks. This strategic play positions them at the forefront of South Korea’s emerging digital currency landscape. Here’s why this matters for crypto investors and the global financial market. Why Is KB Kookmin Card Betting Big on Stablecoins? The […]
A recent survey sheds light on the prevailing optimism among Korean crypto investors, indicating a strong belief in the continuation of the current market upswing. This significant finding offers valuable insights into the regional sentiment shaping the broader cryptocurrency landscape. Korean Crypto Investors Show Rising Bitcoin Price Expectations New data from a weekly survey, conducted […]
South Korea stands at a crucial crossroads in the global race for digital currency dominance. Specifically, the nation’s aspirations for a robust South Korea stablecoin ecosystem face a significant, unexpected challenge. Experts indicate a critical absence of suitable short-term government bonds. These assets are vital for anchoring any future won-denominated stablecoin. This shortfall directly impacts […]
The cryptocurrency world recently witnessed a remarkable milestone. Bitcoin (BTC) achieved an astounding new all-time high on Upbit, South Korea’s leading digital asset exchange. This surge immediately captured global attention. The Bitcoin price briefly touched 166,884,000 won, equating to approximately $120,181 USD. This historic event underscores the growing influence of Asian markets on global crypto […]
South Korea’s Toss Bank is making waves in the cryptocurrency world by filing 48 trademark applications for Korean won-based stablecoins. This bold move positions the neobank at the forefront of the stablecoin race as regulators prepare to establish clear guidelines. Here’s why this development matters for crypto investors and the broader financial ecosystem. Why Is […]
In a bold move to reshape U.S. trade policy, President Trump is set to meet with South Korean officials to negotiate a trade deal aimed at lowering tariffs and boosting American exports. This development could have significant implications for global markets and cryptocurrency investors. Trump’s Trade Deal Strategy with South Korea President Trump has confirmed […]
South Korean retail investors are making headlines again, this time with a staggering $450 million investment in Circle (CRCL) stock in just one month. Could this spark another ‘Kimchi premium’ like we saw with XRP and Dogecoin? Why Are South Korean Investors Flocking to Circle Stock? According to Bloomberg, Circle has become the most heavily […]
In a bold move that could reshape South Korea’s financial landscape, lawmaker Min Byeong-dug has proposed groundbreaking legislation to allow crypto as underlying assets in ETFs. This revolutionary bill could open floodgates for Bitcoin ETFs and other digital asset investment vehicles in Asia’s fourth largest economy. What Does the South Korean Crypto ETF Bill Propose? […]
A significant development is poised to reshape the South Korean cryptocurrency market. Major South Korean crypto exchange Bithumb announced a pivotal move. Indeed, it will list the **TREE/KRW spot trading pair** on August 8. This **Bithumb TREE listing** is scheduled for 09:00 UTC. This announcement, made via Bithumb’s official website, marks a key milestone for […]
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