South Korean stocks ride crypto wave as new president backs won-based tokens

2025-6-29 21:35

South Korean equities have surged following President Lee Jae-myung’s pledge to permit cryptocurrency assets backed by the won. This has driven intense interest among retail investors in companies associated with digital currency projects.

The benchmark Kospi Composite index has gained…. origin »

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Hashkey CEO says Trump administration could influence China to accept Bitcoin

Hashkey Group CEO Xiao Feng believes a pro-crypto Trump administration could pressure China to relax its stance on Bitcoin (BTC) and other digital assets. In an interview with the South China Morning Post, Feng expressed his confidence that China’s crypto market will eventually open up, particularly if President Donald Trump and the US Congress adopt […] The post Hashkey CEO says Trump administration could influence China to accept Bitcoin appeared first on CryptoSlate.

2024-11-14 03:30


US Senators Introduce Legislation to Limit ‘Broker’ Definition in Infrastructure Bill Signed by President Biden

On Monday, President Joe Biden signed the $1 trillion infrastructure bill that contains the controversial over-reaching cryptocurrency tax definition. The bill-signing ceremony was held on the White House South Lawn, where members of both parties came as a bipartisan show of support for the new legislation.

2021-11-17 19:31


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South Korea: ICON Foundation Will Not Be Charged Even As ICONLOOP is Under Investigation

An official response by ICON to the news that South Korean tax authorities are investigating its technical partner, ICONLOOP has been released. President Min Kim Makes a Clarification The ICON Foundation President Min Kim said in an announcement that the ICON Foundation will not be under the influence of the investigation. The ICON Foundation isRead More

2021-3-9 21:00


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Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream

A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, […] The post Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream appeared first on Bitcoin News.

2020-1-8 10:30


Bernie Sanders and His $15 Wage Plan Won’t Help the Poor. Just Ask South Korea.

U. S. Senator Bernie Sanders is running for president in 2020, and as expected, he is focusing his campaign on his signature $15 minimum wage initiative. However, contrary to what Bernie Bros think, a forced increase in basic wage could lead to a drastic decline in jobs growth, cripple small businesses, and trigger an overall slowdown in the economy.

2019-3-2 18:58