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After approval, can Bithumb shake Upbit's crypto monopoly in South Korea
H2: Bithumb crypto approval to compete with Upbit's market dominance in South Korea South Korea's anti-money laundering unit recently approved Bithumb's application to enable crypto services after The post After approval, can Bithumb shake Upbit's crypto monopoly in South Korea appeared first on AMBCrypto. дальше »
2021-11-22 20:30 | |
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AMAXG Group’s Integrated Platform for NFT-Metaverse to Enter Global Market
South Korea’s film and music industries have earned tremendous success from all over the world. Next is South Korea’s Metaverse and big data platform firms. They are rising... дальше »
2021-11-16 12:51 | |
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NFTGO.io forms a Partnership with Korea University Blockchain Research Institute, Seeking Business Opportunities in Korean Market
Oct.26, South Korea. NFTGO.io reached official partnership with Korea University Blockchain Research Institute aiming to help the NFT industry grow in healthy and sustainable way. As NFT creates a trend in Korean market, Korean companies are eager to join the emerging NFT-based digital blockchain market and artists, museums and digital asset holders are exploring theRead More дальше »
2021-10-29 11:00 | |
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South Koreans Flock to 1Inch After the Largest Exchange Lists the DeFi Token Along With AAVE
The largest cryptocurrency exchange in South Korea has listed three new coins, including the popular decentralized finance (DeFi) coins AAVE and 1INCH. 1INCH and AAVE were made available in the Korean Won (KRW) market along with the BTC market, where support for another token MASK was provided on Wednesday. дальше »
2021-10-28 18:36 | |
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Korea: largest mutual aid association plans to invest in Bitcoin ETFs
The South Korean cryptocurrency market has been going through a tumultuous time in the recent past, with many exchanges having to shut shop due to stringent regulatory measures. This, however, didn't The post Korea: largest mutual aid association plans to invest in Bitcoin ETFs appeared first on AMBCrypto. дальше »
2021-10-25 19:00 | |
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AOFEX Globalization: India Branch Established to Develop South Asia Market
Since the implementation of globalization, AOFEX has established branches in Canada and Japan and received excellent outstanding results in local and surrounding regions, thus building a multi-region crypto market system including West Europe, North America, East Asia along with the Headquarter in the United Kingdom. дальше »
2021-10-15 16:21 | |
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CBDC a 'high possibility' in South Korea, first test could take place before December
In the crypto sector, South Korea enjoys quite a bit of fame thanks to its "Kimchi Premium" and large alt coin market. However, the country's central bank authorities aren't far behind in crypto innovThe post CBDC a 'high possibility' in South Korea, first test could take place before December appeared first on AMBCrypto. дальше »
2021-10-10 20:00 | |
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South Korea’s Largest Crypto Exchange Operator Raises $85 Million at an $8.65 Billion Valuation
Upbit accounts for more than 70% of the domestic market share and is currently seeing the most interest in Serum, Ethereum, XRP, Bitcoin, Cosmos, Tezos, Cardano, and Polkadot. The post South Korea’s Largest Crypto Exchange Operator Raises Million at an . дальше »
2021-9-27 16:24 | |
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Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report
Africa, the smallest crypto-economy, which received $105.6 billion worth of cryptocurrency between July 2020 and June 2021, saw a growth of more than 1200% by value received in the last year. According to a report by Chainalysis, the region is seeing some of the highest grassroots adoption in the world, with Kenya, Nigeria, South Africa, […] The post Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report first appeared on BitcoinExchangeGuide. дальше »
2021-9-16 22:26 | |
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Asia On The Verge Of Igniting MultiBillion-Dollar Crypto Bearish Storm
Key takeaways South Korea to shut down over 40 cryptocurrency exchanges for failure to comply with new regulations. Cryptocurrency crackdowns are reducing the impact of Asian countries on the cryptocurrency market. дальше »
2021-9-14 15:58 | |
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Alchemy Pay’s ACH Lists on Coinone in South Korea
The world’s 14th largest cryptocurrency exchange by spot trading volume, Coinone, now supports trading and custody of Alchemy Pay’s utility token, ACH, for its market... дальше »
2021-9-4 18:29 | |
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GME Remittance Joins RippleNet to Accelerate and Scale Payments from South Korea into Thailand
Today, we’re excited to announce that Global Money Express Co. Ltd (GME Remittance), one of the largest non-bank remittance service providers in South Korea has joined RippleNet. Through RippleNet, Ripple’s global financial network, GME Remittance has connected to Siam Commercial Bank (SCB), Thailand’s largest bank in terms of market capital. дальше »
2021-8-11 03:00 | |
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South Korean Banks Report 100% Increase in Crypto Transaction Fees in Q2
Despite the fluctuation in the global cryptocurrency market, South Korean banks are reporting a staggering increase in transaction fees. The post South Korean Banks Report 100% Increase in Crypto Transaction Fees in Q2 appeared first on BeInCrypto. дальше »
2021-8-11 22:39 | |
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Bitget Launches its Russian Version: Another Leap Towards Globalization
The derivatives exchange Bitget announced a new Russian version to provide both trade services and customer support in the Russian language — another crucial globalization initiative following its entry into Japan, South Korea, and the Southeast Asia market last year. дальше »
2021-8-5 10:19 | |
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Cardano traders could long the alt here
After surging by over 25% in the last five days, Cardano prices looked to take a breather as sellers returned to the market. Triggered by BTC's decline below $37,000, ADA prices moved south and eyed kThe post Cardano traders could long the alt here appeared first on AMBCrypto. дальше »
2021-7-27 16:00 | |
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Bitcoin: 3 signs that 'we are getting ready to see' this price movement
Although Bitcoin was heading south on the back of a 4% drop in 24 hours at press time, some charts still seemed to point to a bullish market for the cryptocurrency. These charts were discussed by popuThe post Bitcoin: 3 signs that 'we are getting ready to see' this price movement appeared first on AMBCrypto. дальше »
2021-7-2 13:30 | |
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Chainlink, MATIC, Enjin Price Analysis: 19 June
Most altcoins saw their prices head south after BTC’s price fell considerably, with the total altcoin market cap undergoing a bearish trend. As Bitcoin fell by almost 5% in the last 24 hours, at preThe post Chainlink, MATIC, Enjin Price Analysis: 19 June appeared first on AMBCrypto. дальше »
2021-6-19 14:00 | |
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Korean Authorities Requesting List of Delisted Altcoins From Crypto Exchanges
The Financial Services Commission of South Korea has asked crypto exchanges to provide a list of recently delisted altcoins to conduct a market assessment and understand the nature of the risk. The post Korean Authorities Requesting List of Delisted Altcoins From Crypto Exchanges appeared first on BeInCrypto. дальше »
2021-6-17 11:39 | |
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Largest Korean Exchange Upbit Goes on a Delisting Spree Ahead of New Regulation
Upbit, the largest cryptocurrency exchange in South Korea, is removing several cryptocurrencies from its platform. The exchange announced the removal of the KRW market pair of MARO, Paycoin (PCI), Observer (OBSR), Solvecare (SOLVE), and Quiz Talk (QTCON) on Friday. дальше »
2021-6-12 18:50 | |
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South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban
Crypto regulation is gaining traction by the day, and the latest is in the Asian nation South Korea. ‘Bicycling’ Creates ‘Conflict Of Interest’ The top regulatory body of the South Korean financial market, the Financial Services Commission, is bringing to an end the practice of ‘bicycling' by crypto exchange operators, per reports from a local […] The post South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban first appeared on BitcoinExchangeGuide. дальше »
2021-6-7 20:32 | |
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Solana (SOL) Launches $20 Million Fund With ROK Capital to Expand Into the Korean Market
Solana Foundation and ROK Capital release a joint $20 million fund to enhance Solana-based developments on the Solana blockchain. According to a press release to BEG, the fund will specifically target South Korea’s involvement in Solana development and apps from the region. дальше »
2021-6-4 15:26 | |
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South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. дальше »
2021-6-1 13:00 | |
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Stock Seasonality Points South, How Bitcoin Could Take Yet Another Hit
Bitcoin seems to be more correlated with the stock market since the Covid-19 pandemic went global in 2020. The first cryptocurrency by market cap has been rejected for the second time around the $40,000 and now trades slightly south at $39,954, at the time of writing. дальше »
2021-5-28 17:58 | |
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South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board on Monday. дальше »
2021-5-24 17:54 | |
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South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors for future open dialogue on virtual currency topics. дальше »
2021-5-21 05:30 | |
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South Korea’s Capital Flow Control Enabling Kimchi Premium, Says BoA
With the Kimchi premium back in the South Korean market, the Bank of America (BoA) believes that the persistent premium is as a result of the government’s capital flow control policy. Kimchi Premium Persists Because of Capital Flow Control According to Reuters on Tuesday (May 18, 2021), BTC price on Tuesday was $4000 higher thanRead More дальше »
2021-5-19 15:00 | |
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Bank of Korea to Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market growth could pose a risk to the country’s financial system. дальше »
2021-5-15 05:00 | |
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South Koreans flock to crypto amid a heavy-handed regulation approach
With crypto demand skyrocketing in South Korea, the government is looking to regulate digital assets, and the local market is feeling the pressure. дальше »
2021-5-11 14:34 | |
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South Korean Company Crypto Holdings Pass 10 Billion Won
Local media outlets report that several well-known South Korean companies are holding cryptocurrencies as intangible assets, demonstrating the growth of the market. The post South Korean Company Crypto Holdings Pass 10 Billion Won appeared first on BeInCrypto. дальше »
2021-5-10 10:51 | |
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Dogecoin volumes in Korea exceeded those of its entire stock market yesterday
South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. The post Dogecoin volumes in Korea exceeded those of its entire stock market yesterday appeared first on CryptoSlate. дальше »
2021-5-5 19:00 | |
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Bitcoin and Ether Aren’t the Top Traded Crypto’s on Binance Or the Biggest South Korean Exchange
DOGE is the one that is yet again leading the market, closing in on a $100 bln market cap, and is accounting for 41. 55% of Upbit’s overall volume, which is also more than Coinbase Pro’s entire volume. дальше »
2021-5-5 17:46 | |
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Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC)
South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The post Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC) appeared first on CryptoSlate. дальше »
2021-4-29 11:16 | |
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Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very successful stories. дальше »
2021-4-24 07:30 | |
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South Korea: Here's what experts feel about Bitcoin's chances against gold
South Korea's crypto-sector has been expanding at a rapid pace lately, with new sets of investors joining the market community every day. In fact, Bitcoin's surging price has also instigated a correspThe post South Korea: Here's what experts feel about Bitcoin's chances against gold appeared first on AMBCrypto. дальше »
2021-4-16 22:00 | |
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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. дальше »
2021-4-10 06:30 | |
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Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange?
A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week. The post Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange? appeared first on CryptoSlate. дальше »
2021-4-8 04:00 | |
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Kimchi Premium Soars 17% as South Korea’s Crypto Market Turns Bullish
Since March’s extreme volatility, Bitcoin price action has been far more stable. The major cryptocurrency has continued to hover around the $57,000 to $58,000 price level, seeing minimal fluctuations with the Bitcoin Volatility Index sitting at 3. дальше »
2021-4-7 13:06 | |
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Experts say new South Korean crypto rules will create a monopolized market
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements. дальше »
2021-3-24 13:48 | |
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Bitcoin trading volume in South Korea dismounts county’s entire stock exchange market
On the 14th of March, the daily domestic cryptocurrency transactions from the four major Crypto exchanges in South Korea surprisingly exceeded the combined daily average transaction of KOSPI and KOSDAQ. дальше »
2021-3-16 18:51 | |
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South Korean crypto exchange volumes surpass those of its entire stock market
The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium. ’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday. дальше »
2021-3-15 15:49 | |
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South Korea cracks down on tax evaders using cryptocurrencies
As prices in the crypto market surge, the other side of the market has been witnessing a rise in criminal activities. On Monday, South Korea's tax agency reportedly caught 2,400 individuals who were hThe post South Korea cracks down on tax evaders using cryptocurrencies appeared first on AMBCrypto. дальше »
2021-3-15 14:30 | |
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Xeno Holdings Invests In South Korean-Based CityLabs Co. Ltd
Xeno Holdings Limited, a Hong Kong-based technology investment company, has invested major capital in CityLabs Co. Ltd to further venture into the South Korean market and Asia at large. The company has recently shown interest in penetrating the South Korean market stating favoring conditions. дальше »
2021-3-15 12:49 | |
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South Korea: How are 'crypto-moms' leading the 'second boom?'
Thanks to the recent bull rally, many more people are turning towards the cryptocurrency market all around the world. This has been the case in Asia too, with countries such as Japan and India registeThe post South Korea: How are 'crypto-moms' leading the 'second boom?' appeared first on AMBCrypto. дальше »
2021-3-6 18:00 | |
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Top VC’s Including Coinbase, Galaxy Digital & Pantera Inject $25M into Terraform Labs
Stablecoin e-commerce creator Terraform Labs recently concluded a $25 million funding round that features Coinbase Ventures, Galaxy Digital, Pantera Capital, and other companies. The Singaporean-based crypto and tech startup has successfully penetrated the South Korean market and wants to expand its operational capacities with the funding. дальше »
2021-1-28 23:30 | |
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