South Korea


Markets

Kakao to Record Private Securities on Its Own Blockchain as NFTs

The move will aid South Korea's OTC securities market.

Credit: Shutterstock

Policy

Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets

Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates.

Bank of Korea

Markets

Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May.

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.

Policy

South Korean Tax Agency Carries Out Irregular Audit on Crypto Exchange Operator

The team of investigators requested past data and transaction details from Korea Digital Exchange.

Seoul

Markets

South Korea's Dunamu Launches Bitcoin 'Fear and Greed' Index to Guide Traders

The tool is aimed at helping traders make better decisions based on market sentiment.

aaron-blanco-tejedor-VBe9zj-JHBs-unsplash

Markets

K-Pop Stars to Mint Digital Collectibles on Polkadot

RBW's Japanese subsidiary will be selling its singers' digital products on the blockchain.

K-Pop fans during the 2019 KCon New York on July 06, 2019 in New York City.

Policy

South Korea's 20% Crypto Tax Still on Track for 2022: Report

South Korea’s Ministry of Economy and Finance said Wednesday it has finalized a legal amendment relating to cryptocurrency taxes.

South Korean National Assembly building

Markets

First Mover: Bitcoin Hits Record as 'Blue Wave' and 'Kimchi Premium' Look Bullish

Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi Premium' back in force.

Bitcoin prices rose above $35,000 for the first time, reaching a new all-time high.

Markets

Bitcoin Retail FOMO Brings a Heap of 'Kimchi Premium' to S. Korea

Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.

kimchi-2449656_1920

Markets

Crypto Exchange Binance Terminates South Korea Operations Due to Low Usage

Cryptocurrency exchange Binance said a new South Korean law going into effect early next year was another factor.

shutterstock_shutterstock_1066582802