Tag: Koreas
Bitcoin Sinks Below $23K; South Korea’s Bumpy Crypto Path Forward
"Bitcoin is is range bound at the moment," said Nauman Sheikh, managing director at investment advisors Wave Financial, told CoinDesk TV's First Mover [...]
‘Don’t Say Terra’ and Other Reflections From Korea’s Crypto Extravaganza
Terra, which was founded in South Korea, was one of the most talked about projects in the crypto-verse until it crashed last spring. It was, in many w [...]
South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report
The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National [...]
Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at Korea’s Muted Mega-Blockchain Week
Ether, the second-largest crypto by market cap behind bitcoin, was recently changing hands at about $1,700, down approximately 4% from the previous da [...]
S Korea’s pension fund carried out rare FX hedging this month
SEOUL : South Korea's National Pension Service sold a small amount of dollars on the forward market this month in its first foreign exchange hedgi [...]
Crypto market crash wipes out millions from North Korea’s stolen crypto funds
North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the [...]
South Korea’s new president delays crypto taxes in favor of consumer protections
South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new [...]
South Korea’s ‘Kimchi Premium’ Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty
In an interview with CoinDesk TV's "First Mover" program, Scott Freeman, co-founder and partner of financial services firm JST Capital, suggested the [...]
Tailwinds for South Korea’s Crypto Industry; Bitcoin, Ether Plunge
"Now, Europe is seeking new sources of natural gas to replace Russian imports, which account for 38% of the gas imported into the European Union. In a [...]
S. Korea’s SK Square Will Spend $1.6B on Semiconductors, Blockchain
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
Conservative Candidate Yoon Suk-Yeol Wins South Korea’s Presidential Election
Yoon defeated his liberal opponent in a contest in which cryptocurrency issues were unusually prominent.
www.coindesk.com [...]
KB Bank to launch South Korea’s first crypto investment fund
Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21 tha [...]
South Korea’s Manufacturing PMI Above 50 For 16 Straight Months
Good news coming in for the South Korean economy, with its manufacturing activity registering the sharpest growth seen since July 2021 during the mont [...]