South Korea News
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The U.S. and South Korea have reportedly partnered to develop tools aimed at countering North Korea-linked crypto thefts and tracking billions of dollars in stolen digital assets. The United States and South Korea are said to be working together to…
CryptoQuant CEO warns of economic instability and calls for reform in South Korea’s financial policies. In a Dec. 19 post on X, Ki Young Ju, the CEO and founder of CryptoQuant, expressed grave concerns about the status of the Korean…
Ex-member of South Korea’s Democratic Party imprisoned for concealing 10 billion won in cryptocurrency assets. Kim Nam-kook, a former legislator for the Democratic Party of Korea, was found guilty of hiding cryptocurrency holdings while he was a member of the…
South Korean crypto exchange Bithumb adds the Truth Terminal meme coin, Goatseus Maximus, to its listings. Trading support for GOAT and Korean won pairs begin on Dec. 17 at 04:00 UTC. In a recent notice, Bithumb announced that Goatseus Maximus…
GOAT
Goatseus Maximus
Chairman of the South Korean Stock Exchange, Jeong Eun-bo, believes the nation should act quickly in institutionalizing the crypto market or risk falling behind other countries. In an interview with South Korean media outlet Maeil Kyungjae, Eun-bo argued the crypto…
BTC
Bitcoin
South Korea’s financial watchdog is investigating the Coinone crypto exchange over Movement’s token sharp price swings, raising concerns over potential unfair trading. A major investigation is underway into Korean crypto exchange Coinone after the price of the Movement (MOVE) token…
MOVE
Movement
The South Korean National Assembly reportedly decided to put all discussions regarding crypto-related regulations on hold, following the aftermath of martial law and impeachment plans for the current president. According to a Chosun report, a South Korean National Assembly official…
BTC
Bitcoin
The South Korean movie titled ‘Crypto Man’ starring late actor Song Jae-rim is scheduled for release on Jan. 15, 2025. The movie is inspired by true events from a $34.9 billion crypto crash. According to South Korean media JTBC, The…
Two South Korean major crypto exchanges, Upbit and Bithumb, will list MOVE on the same day, Dec. 9. Both exchanges will open trading for the token at 21:00 KST. Upbit and Bithumb will list utility tokens from Movement Labs, an…
Woori Technology, a long-time shareholder in Dunamu, parent company of crypto exchange Upbit, plans to exit after nine years, following a failed coup in South Korea. Woori Technology Investment, a South Korean venture capital firm, is reportedly planning to sell…
After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in…
Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin (BTC) price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost…
Retail trading volume in South Korea hit $18 billion in 24 hours on Dec. 2, surpassing the Korean stock market by 22%.
South Korean regulators agree to postpone the 20% crypto tax for two years, after rejecting the Democratic Party’s proposal to raise the annual tax threshold from 2.5 million won to 50 million won. According to local media outlet Money Today,…
The South Korean FSC remains cautious of digital assets in the wake of domestic calls for a Bitcoin reserve after the U.S takes a bullish stance on crypto. According to a news report from South Korean news outlet Newsprime, Chairman…
BTC
Bitcoin
The Democratic Party of Korea has confirmed its intention to introduce a 20% cryptocurrency taxation starting in Jan. 2025.