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South Korean Cryptocurrency Exchanges Struggle Amidst Dominance of Upbit and Market Outlook

Last year, South Korean cryptocurrency exchanges generally recorded poor performances. The continued 'crypto winter,' marked by a contraction in investment sentiment for major cryptocurrencies...

South Korean Won Overtakes US Dollar as Top Currency in Global Crypto Trading for...

In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a...

Arthur Hayes on the Potential of Meme Coins and the Challenges and Opportunities for...

Recently, the discussion on the positive potential of meme coins in the cryptocurrency market has been vibrant, with Arthur Hayes, co-founder of BitMEX, positively...

Former Congressman Kim Sang-min Appointed as the First CEO of Busan Digital Asset Exchange

Kim Sang-min (51), a former congressman, has been appointed as the first CEO of the Busan Digital Asset Exchange, according to the virtual asset...

Introducing a fast-track system to quickly respond to unfair transactions in the virtual asset...

The financial authorities have decided to introduce a new "Fast-Track" system that allows for immediate referral to investigative agencies without the need for a...

Appeals for suspension of taxation of virtual assets draw attention to the political response...

The request for a deferral of cryptocurrency taxation has gained substantial sympathy among the public, as evidenced by the "Cryptocurrency Taxation Deferral Petition" surpassing...

South Korea will introduce stricter guidelines for crypto exchanges

In a significant move towards regulating the crypto market, authorities in South Korea are about to introduce new guidelines that will impose stricter rules...

Korea Blockchain Business Cooperative elects CEO of CoinHubKorea as new chairman of the board

The Korea Blockchain Business Cooperative announced that it held a general meeting on March 15 and elected CoinHubKorea CEO JB Lee as chairman of...

Crypto.com Announces Entry into Domestic Market and Strategy for Entering the KRW Market

Crypto.com, a global top 10 cryptocurrency exchange, announced its official entry into the South Korean market with the launch of a customized application targeting...

Acceleration of Fee Reduction Competition among Cryptocurrency Exchanges

Domestic major cryptocurrency exchanges are entering the competition to secure users through strategies of lowering transaction fees. Starting with Bithumb in October last year,...

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