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South Korea
Bitcoin Drops 6% in Korea, Shrinking the 'Kimchi Premium'
Bitcoin lost ground after Upbit suspended KRW deposits and withdrawals.
Bitcoin Analysts Say 'Kimchi Premium' Isn't Distress Signal It Once Was
Bitcoin is drawing the highest "kimchi premium" in three years, indicating retail frenzy in South Korea.
South Korean Prosecutors Sell (and Profit Off) Bitcoin Taken From Criminals
Prosecutors moved to liquidate the stolen goods on March 25 when the nation's law defining crypto as“virtual assets” went into effect.
Blockstack's STX Token Doubles in a Day, as South Korean Retail Traders Look at Altcoins
Blockstack's STX token is benefiting from altcoin season – and a listing on a South Korean cryptocurrency exchange.
S. Korea’s Crypto Rules Might Only Help the ‘Big 4’ Exchanges
South Korea may not be planning to ban cryptocurrencies, but its regulatory regime may only favor the biggest incumbents.
South Korea’s Largest Social Gaming App to Mint Low-Carbon NFTs for Millions of Users
NFTs have been a controversial topic of late due to their large carbon footprint caused by a proof-of-work consensus mechanism.
Crypto Exchange OKEx Korea to Close as New AML Rules Come Into Force
An exchange spokesperson said the new anti-money laundering regime would make it too tough to continue operating.
Korean Government Approves Crypto AML Rule Set to Come Online Thursday
Crypto companies have until September to register with financial regulators.
South Korea to Fine Crypto Exchanges That Fail to Tackle Illicit Activity
Penalties will apply if trading venues fail to follow three regulations, the Financial Services Commission said.
