Tag: Koreas
Analysis-South Korea’s push to make its markets global dogged by FX history
By Cynthia Kim and Yena ParkSEOUL (Reuters) - As South Korea seeks to boost the global profile of its financial markets, the export powerhouse is stru [...]
South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this ye [...]
South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
South Korea's crypto traders were burned by rampant fraud in the digital assets space, prompting the country's regulators to aim at reining in the lar [...]
South Korea’s pension fund bags 280K Coinbase shares: SEC data
The National Pension Service (NPS), a public pension in South Korea and one of the world’s largest pension funds, bought just over 280,000 shares of t [...]
South Korea’s National Pension Service Snapped Up Nearly 290K Coinbase Shares in Q3: Report
South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outle [...]
South Korea’s foreign exchange reserves fall again
SEOUL: South Korea’s foreign exchange reserves fell for the third c [...]
Thailand’s SCBX and Korea’s Hashed Ink Web3 R&D Partnership
“This partnership amalgamates the expertise of a reputable institution with the technological and philosophical foundations of Web3,” Simon Seojoon Ki [...]
Crypto makes up 70% of South Korea’s reported overseas assets: Tax agency
Cryptocurrencies like Bitcoin (BTC) accounted for the largest share of South Korea’s reported overseas assets in the latest report by the country’s ta [...]
North Korea’s Lazarus Group responsible for $55M CoinEx hack: Report
The attack on crypto exchange CoinEx which drained at least $55 million was carried out by the North Korean hacker group Lazarus, according to blockch [...]
S. Korea’s forex trading falls in August-Xinhua
SEOUL, Sept. 12 (Xinhua) -- South Korea's foreign exchange trading fell last month, central bank data showed Tuesday. The daily average transacti [...]
North Korea’s ‘Lazarus’ Hackers Stole $41 Million From Crypto Gambling Site, FBI Says
The Lazarus Group, also known as APT38, has been linked to hundreds of millions of dollars in stolen crypto with attacks on companies, exchanges, DeFi [...]
Naver Corp unveils South Korea’s answer to ChatGPT and generative AI
South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot, which is aimed at [...]
Biden Welcomes South Korea’s Efforts to Warm Relations With Japan
President Biden hosted the leaders of Japan and South Korea less than two years after relations between the two Asian nations hit a low point and desp [...]
US lawmakers urge White House to address North Korea’s use of digital assets: Report
Three members of the United States Senate have reportedly sent a letter to the White House and Treasury Department in an effort to crack down on North [...]
South Korea’s lead party wants crypto disclosure laws to apply earlier: Report
A new bill mandating South Korean lawmakers and high-ranking government officials to declare their cryptocurrency holdings is expected to take effect [...]