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Korean crypto exchanges struggle despite aggressive no-fee marketing

Despite launching aggressive no-fee marketing campaigns, Korea's crypto exchanges Bithumb, Korbit and GOPAX have failed to see significant results. Bithumb, which was first to implement...

Upbit Dominates Korean Crypto Exchange Market With a Market Share of 80%: Research

Upbit has solidified its position as the dominant player in South Korea‘s crypto exchange market, boasting an impressive market share of 80%. According to recent...

CryptoQuant Partners With SK Telecom on New Korean Crypto Wallet

Crypto services company CryptoQuant has collaborated with South Korean telecom giant SK Telecom to launch a new cryptocurrency wallet product called T wallet. The wallet...

Korbit Announces ‘No-trading-fee’ Event Following Bithumb

Cryptocurrency exchange Korbit announced that it will hold a “no-trading-fee” event for all crypto assets traded at Korbit beginning from 9 a.m. on Oct....

South Korean Regulator to Establish Standards for Issuance and Distribution of Crypto

South Korea’s Financial Supervisory Service (FSS) is looking to establish comprehensive guidelines for the issuance and distribution of cryptocurrencies to enhance the Virtual Asset...

WOO X integrates with S. Korea’s 2nd largest crypto-exchange Bithumb

Barely a month after receiving its pivotal CODE compliance approval, WOO announced that WOO X has successfully integrated with Bithumb, marking a milestone in its...

Korea’s virtual asset market cap soars to $21.1 billion in H1

Korea’s virtual asset market capitalization increased 46 percent in the first half of the year compared to the previous half-year term, driven by the...

Bank of Korea to kick off wholesale CBDC pilot

South Korea’s central bank will be launching a pilot program for its central bank digital currency (CBDC) to explore infrastructure requirements, according to an...

South Korean Overseas Crypto Holding Figures ‘May Be Inflated’

The research division of the South Korean crypto exchange Korbit revealed that the amount of overseas digital assets reported by domestic corporations and individuals...

Busan City in South Korea Aims to Transform into a Leading Blockchain Hub with...

Busan, South Korea's bustling coastal city, is steering towards becoming a central hub for blockchain integration by creating a new public blockchain network....

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