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Korea
Recent Altcoin Rally Powered by South Korean Traders, CryptoQuant Says
Notable booms include Loom Network’s LOOM, whose price surged approximately ten times over two months, and HIFI, whose prices spiked by 6,600% in September alone.
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
Koreans trade differently to the rest of the world, market data shows.
Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
The partnership comes weeks after KBank, a rival of SCBX, announced a $100 million web3 fund.
Korean Crypto Exchanges Paid $14.7M to Banks for Name Verification Services: Report
Exchanges have to set up partnerships with banks for real-name verification by Sept. 24.
CBDCs Will Reduce Demand for Bitcoin, Says South Korea Central Bank Chief
Bank of Korea Governor Lee Ju-yeol says once central bank digital currencies (CBDC) are introduced, the demand for cryptocurrencies like bitcoin fall.
S. Korea's Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance.
Binance Korea Deploys Anti-Money Laundering Tool from Regtech Company Coinfirm
Blockchain analytics provider Coinfirm will help Binance Korea better comply with anti-money laundering rules.
