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Despread Research: “Korea Shows Greater Interest in Cryptocurrency Compared to Stocks…”

Web3 consulting firm Despread's dedicated research division, Despread Research, has released a report on the Korean cryptocurrency community. This report, titled "Current State of...

Upbit, ranked 1st most trusted cryptocurrency exchange in Korea and 4th globally by Forbes

Upbit has been named the No. 1 most trusted cryptocurrency operator in Korea and ranked 4th globally by Forbes. Forbes evaluated the internal controls...

Fueled By Craze For Nvidia, South Korean Crypto Traders Embrace Risky AI-Linked Tokens

South Korean traders are showing a growing interest in digital assets linked to artificial intelligence (AI.) This surge in interest has seen the country’s...

Will Ethereum Spot ETF Approval Accelerate Changes in the Domestic Cryptocurrency Market?

An Ethereum spot Exchange-Traded Fund (ETF) is set to be listed on the U.S. stock market in the second half of this year. This...

Financial Intelligence Unit Announces Results of the Second Half of 2023 Virtual Asset Market...

The Financial Intelligence Unit (FIU) conducted a survey on the state of the domestic virtual asset market targeting 29 registered businesses in the second...

Altcoin Interest Driving South Korean Crypto Craze

Altcoin interest may be the driving factor as South Korean interest in alternative cryptoassets continues to rise, a new report has claimed. Per the South...

National Tax Service Proceeds with Income Taxation on Participants of Bithumb’s Cryptocurrency Events

The National Tax Service (NTS) is currently implementing income tax measures on participants of various events held by the cryptocurrency exchange Bithumb. According to...

Hanbitco Decides to Cease Operations Due to Regulatory Issues and Market Deterioration

Hanbitco, a cryptocurrency exchange in South Korea, has announced that it will cease operations on May 16th. The exchange notified the public of its...

Market cap of virtual assets in Korea jumps 53% in 2nd half of last...

The value of Korea's virtual asset market expanded over 50 percent from six months earlier in the second half of last year, on rising...

Financial Supervisory Service Releases Handbook on Cryptocurrency Investment Scams

The Financial Supervisory Service (FSS) has taken proactive measures to prevent cryptocurrency investment scams. According to a recent press release, the FSS has revamped...

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