Crypto payment market to grow rapidly in Korea
Cryptocurrencies are gaining attention swiftly from consumers from all walks of life, as major global payment platforms like PayPal and Square allow customers to...
South Korea to issue blockchain-protected digital ‘vaccine passports’
South Korea said on Thursday it will issue so-called COVID-19 vaccine passports to immunized citizens, joining other nations introducing such certificates to revive cross-border...
Korea’s Popular Blockchain Platform Klaytn Announces Integration With OpenSea NFT Marketplace
The growing popularity of NFTs is also attracting some of the legacy blockchain platforms in the market. Klaytn, the public blockchain platform by South...
Bitcoin Price and Altcoins Rebound, Kakao’s KLAY Suddenly Enters Top 20, NFT related tokens...
Bitcoin price is on a rebound after massive declines since the beginning of the week. Shortly after attaining highs of $60,100 on Mar. 18,...
CBDCs Will Reduce Demand for Bitcoin, Says South Korea Central Bank Chief
Bank of Korea Governor Lee Ju-yeol said when central bank digital currencies (CBDCs) are introduced, the demand for existing cryptocurrencies like bitcoin will fade....
Cryptocurrencies Traded at Premium in South Korea
The so-called kimchi premium is reappearing as the domestic virtual asset market is heating up.
As of 16:00 March 25, the bitcoin price on Binance...
Cryptocurrency Exchange Coinbase’s Stock Market Debut
Investors eager to get their hands on Coinbase Global stock once the company goes public will have to wait a bit longer than originally...
Gap Narrowing between Virtual Assets and Established Financial Systems
Korea Investment & Securities said in its report on March 18 that established financial systems are increasingly considering embracing virtual assets with the trading...
OKEx Korea to Close as New AML Rules Come Into Force
The South Korean arm of the cryptocurrency exchange OKEx has decided to shut up shop rather than attempt to navigate revised regulatory hurdles that...
Frequent listing and delisting of cryptocurrencies raise concerns and risks
The number of listed cryptocurrencies has soared in the past four years, as the rapid rise of the price of Bitcoin attracts investor attention...