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Tuesday, October 15, 2024
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Many of South Korea’s small crypto exchanges set to disappear

South Korean regulators are set to shut down dozens of cryptocurrency exchanges in coming days, though the impact is likely to be felt only...

Bitcoin overseas remittance surge… Woori Bank establishes monthly remittance limit

In Korea, there are more arbitrage transactions using the so-called 'kimchi premium' phenomenon, where the price of bitcoin is higher than that of other...

South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the...

Bitcoin, Ethereum, and Bitcoin Cash See Premiums in South Korea Bitcoin prices on domestic South Korean crypto trading platforms are much higher than they are...
KRW Deposit Suspended in Exchange platforms Led to “Trade Decrease & No New Customers”

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...

The Bitcoin Premium on Korean Exchanges Is Back

Bitcoin’s near-vertical rally to over $35,000 in the past weeks has brought back the so-called “Kimchi Premium,” data from on-chain analytics provider CryptoQuant showed. Named...

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South Korea Considers Measures For Stablecoin Cross-Border Transactions

South Korea's Ministry of Economy and Finance has announced that it is considering measures to ensure the integrity of cross-border transactions involving virtual assets...