Why Is Bitcoin Kimchi Premium Rising in South Korea?

South Korea cryptocurrency market has seen significant activity recently, driven by economic shifts and political developments. The concept of the “Kimchi Premium,” a measure of Bitcoin price difference on South Korean exchanges compared to international platforms, has re-emerged as a…

South Korea Enforces New Law to Regulate Crypto Trading

As South Korea takes significant strides to regulate its burgeoning cryptocurrency market, a new digital-asset law is set to bring substantial changes to how crypto trading is monitored and managed. With the Financial Supervisory Service (FSS) leading the charge, the…

South Korea Hashed Ventures Expands in Abu Dhabi Crypto Hub

Hashed Ventures, a prominent digital-asset investment firm based in Seoul, South Korea, is making significant strides in expanding its global presence. The company’s recent move into Abu Dhabi highlights the UAE’s growing appeal as a hub for cryptocurrency and blockchain…

South Korea’s National Tax Service Partners with GTIC to Develop Cutting-Edge Virtual Asset Management System

In a bid to combat illegal activities and effectively monitor crypto transactions, Korea’s National Tax Service has embarked on the development of a cutting-edge management system. The initiative aims to enhance regulatory measures and address the growing concerns surrounding illicit…

This South Korean City Is On Its Way To Become a Blockchain Mega city After a $75 Million Investment

There’s a coastal city in South Korea named Busan. So, this South Korean City wants to make revolutionary moves in the country by launching its own public blockchain.  South Korean City, Busan, Makes $75 Million Investment  Financial Bodies Interested In…

Here’s this New Report That Shows 70% of South Korea’s Overseas Assets are Cryptocurrencies

Asians have a huge interest in the crypto industry. So, even when they are not in their country, they usually use cryptocurrencies for different reasons. This is according to a new report about South Korea’s overseas assets. South Korea’s Overseas…

South Korea Central Bank Pushing For Stablecoin Regulation

The Bank of Korea (BOK) has stated that it is seeking increased statutory authority to regulate stablecoins. BOK revealed its position in a report published on December 11 as part of its efforts to control the growing digital asset industry.…

Blockchain Powered IDs will be used in South Korea by 2024

South Korean citizens will be using digital IDs instead of traditional resident cards as proof of identity by 2024.  It will be secured by blockchain technology and will work in tandem with smartphones. This will make it easier to verify…

A major Seoul blockchain push by the local government for citizen ID cards in the city

South Korea is a happening place as far as the blockchain technology is concerned. The recent Seoul blockchain push by the local government for citizen ID cards will consolidate the gains.

Samsung makes $2.9 Million Dollar Investment in Crypto Hardware Wallet Ledger

The largest conglomerate out of South Korea and one of the world’s biggest brands Samsung, has invested $2.9 million in crypto hardware wallet manufacturer and custodial service provider ledger in a high profile deal. The deal will see millions pumped…