Tag: NFT
More than 70% of Korea’s KBank deposits tied to crypto exchange UpBit
Korean digital bank KBank has 70% of its deposits tied to cryptocurrency. The bank is majority-owned by telecoms firm KT. Upbit, the dominant Korean...
Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange
South Korea’s Busan city is officially seeking operators for its forthcoming Busan Digital Asset Exchange.
According to a notice issued by Busan City and reported...
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...
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Asia’s largest Bitcoin conference, Bitcoin Seoul 2024
"Bitcoin Seoul 2024" will be held in Seoul from May 29 to May 31. Hosted by Seoul Economic Daily and organized by Decenter, Seoul...
