In a stunning turn of events that has sent ripples through the cryptocurrency world, South Korean prosecutors are demanding a harsh 10-year prison sentence for a man who violently attacked the CEO of Haru Invest, Mr. Lee, right in the middle of his own fraud trial. This dramatic incident, which unfolded in the Seoul Southern […]
Is South Korea’s cryptocurrency landscape on the verge of a seismic shift? Recent reports indicate that government authorities are taking a closer look at the market share commanded by Upbit, the nation’s leading crypto exchange. With Upbit reportedly controlling nearly 70% of the South Korean crypto exchange market, concerns about fair competition and potential monopolization […]
Urgent news for anyone holding or trading Loom Network (LOOM)! South Korean cryptocurrency giants Upbit and Bithumb have just dropped a bombshell, designating LOOM as a ‘closely monitored asset.’ This critical decision, announced on their official platforms, signals potential turbulence ahead for LOOM. If you’re invested in LOOM or considering it, you need to understand […]
In a somewhat unsettling turn for WEMIX holders, South Korean crypto exchange giant, Bithumb, has just announced an extension to WEMIX’s designation as a closely monitored asset. This news, breaking directly from Bithumb’s official website, has sparked considerable discussion and, frankly, a bit of concern within the crypto community. What exactly does this mean, and […]
Get ready for a groundbreaking shift in South Korea’s financial landscape! The Bank of Korea (BOK) is about to embark on an exciting journey into the realm of digital currency with its ambitious Central Bank Digital Currency (CBDC) pilot, aptly named ‘Hangang.’ This initiative isn’t just about technological advancement; it’s about reshaping how everyday South […]
In a groundbreaking move highlighting the growing trust in blockchain technology, South Korea’s National Health Insurance Service (NHIS) has officially announced the adoption of AERGO Enterprise. This integration isn’t just a minor tweak; it’s a revolutionary leap towards enhanced operational efficiency within one of the nation’s most critical public services. But what does this mean […]
Hold onto your digital wallets, crypto enthusiasts in South Korea! The Financial Supervisory Service (FSS) has just dropped a bombshell that’s sending ripples through the nation’s cryptocurrency exchange landscape. Get ready for a new era of financial oversight as Korean crypto exchanges are now mandated to cough up a crypto supervision fee. But what does […]
Is Bitcoin’s journey to mainstream financial acceptance hitting a roadblock? In a surprising move, the Bank of Korea (BOK), South Korea’s central bank, has firmly stated it has no intention of including Bitcoin in its foreign exchange reserves. This revelation, stemming from a formal inquiry by lawmaker Cha Gyu-geun, marks the BOK’s first public declaration […]
Get ready for a potential seismic shift in the cryptocurrency landscape! South Korea, a nation known for its tech-savviness and vibrant crypto community, is taking a monumental step towards mainstream crypto adoption. The ruling People Power Party (PPP) has just introduced a groundbreaking bill in the 22nd National Assembly that could pave the way for […]
Get ready for a major shake-up in the South Korean crypto scene! Industry giant Dunamu, the powerhouse behind the popular Upbit exchange, is making headlines with a jaw-dropping announcement. They’re not just increasing dividends – they’re tripling them! This news has sent ripples through the market, especially as it means a massive payday for Chairman […]
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