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South Korea
South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
The rules are scheduled to take affect on July 19 next year.
Role of the South Korean Crypto Market in Bitcoin's Latest Rally
CoinDesk's executive director of global content Emily Parker takes a closer look into the daily crypto trading volume on South Korean exchanges and what it means for bitcoin's (BTC) latest rally, as the largest cryptocurrency by market cap has climbed nearly 25% in the past month. Plus, the significance of BLUR trading in the Korean market.
South Korea to Pilot CBDC With 100K Citizens in 2024
The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers
BlackRock Files Ether ETF Prospectus; Vivek Ramaswamy Proposes New Crypto Rules
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including BlackRock filing an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether ETF. Republican presidential candidate Vivek Ramaswamy discusses his new crypto policy framework with CoinDesk South Korean pension fund National Pension Service (NPS) bought nearly $20 million worth of Coinbase (COIN) shares. And, Dogecoin heads to the moon.
South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report
The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.
Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report
Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market.
Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report
Shin is seeking to distance himself from Terra and Kwon as he faces trial in South Korea.
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
Koreans trade differently to the rest of the world, market data shows.
Sui Foundation Calls Report of Supply Manipulation 'Materially False'
The token fell as much as 9% on Tuesday after a report questioned if SUI supply is being manipulated through staking.
NFT Platform ImmutableX's IMX Token Surges This Week, Upbit Leads Volume Growth
IMX, the native token of NFT platform ImmutableX, surged on Thursday to as high as 74 cents, before retreating. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit exchange accounted for nearly 20% of the global activity. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
