Tag: South Korea
South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exch [...]
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 [...]
Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
Stablecoins' widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.
www.coi [...]
Exclusive-S.Korea’s pension fund, central bank to extend FX swap line -sources
By Jihoon Lee and Yena ParkSEOUL (Reuters) - South Korea's National Pension Service (NPS) and central bank are in talks to extend their foreign exchan [...]
South Korea to Pilot CBDC With 100,000 Citizens in 2024: Report
The project will see 100,000 people - roughly 0.2% of the country's population - be able to purchase goods with tokens issued by commercial banks in 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 Korean Crypto Exchange Bithumb Plans to Go Public in 2025: Report
The IPO would mark the first such listing by a Korean crypto exchange. There were reports in 2020 that Bithumb was considering a share sale, though it [...]
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
Koreans trade differently to the rest of the world, market data shows.
www.coindesk.com [...]
South Korea to Extend Forex Trading Hours Next Year
What to Read Next
www.wsj.com [...]
South Korea to Extend Forex Trading Hours Next Month
What to Read Next
www.wsj.com [...]
Who had it good — and who had it bad — in 2022
Police officers step into the vandalized gateway to Sri Lanka's presidential palace in July. The country has been hit hard by an economic crisis.Abhis [...]
South Korea, U.S. in working to adjust regulations
Hyundai executives and government officials break ground on the automaker's new "Metaplant America" in Bryan County, Georgia, on Tues., Oct. 25, 2022. [...]
When will Asia’s travel industry recover? Maybe as soon as 2023
A new report indicates the travel industry in Asia-Pacific may be the only one in the world to recover by 2023.This year's "Travel & Tourism Econo [...]
U.S., South Korea working to rectify problems on EV subsidies: Korea minister
South Korean and U.S. officials are working toward a "concrete proposal" to resolve their differences over electric vehicle subsidies, South Korea's t [...]
Best hotels for business travelers in Asia-Pacific
Business travelers are on the road again. So there's no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific.CN [...]