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XRP, Bitcoin feel the heat as South Korean crisis shakes crypto markets
The crypto and financial market in Seoul reacted to the martial law declared. BTC and XRP saw major impact, but rebounded. South Korea’s declaration of martial law and its rapid reversal hThe post XRP, Bitcoin feel the heat as South Korean crisis shakes crypto markets appeared first on AMBCrypto. дальше »
2024-12-4 17:00 | |
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Bybit will not support yuan trading but allows Chinese users with VPN
Bybit CEO Ben Zhou said that mainland Chinese users can use a virtual private network to trade crypto on the platform, though it will not support yuan trading any time soon. According to a report by South China Morning Post,… дальше »
2024-12-4 15:35 | |
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South Korea crypto volume hit record $34 billion: Here’s why
South Korea saw crypto trading volumes spike to $34 billion in 24 hours amid the president’s martial law order. The unrest and political chaos catalysed a panic among crypto traders, pushing 24-hour volume to record highs. дальше »
2024-12-4 15:12 | |
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Long-time stakeholder in Upbit’s parent seeks exit just day after South Korea lifts martial law: report
Woori Technology, a long-time shareholder in Dunamu, parent company of crypto exchange Upbit, plans to exit after nine years, following a failed coup in South Korea. Woori Technology Investment, a South Korean venture capital firm, is reportedly planning to sell… дальше »
2024-12-4 14:51 | |
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South Korea’s martial law sparks record-breaking crypto trading surge, reaching $34B in volume
The implementation of South Korea’s martial law has unexpectedly driven the country’s cryptocurrency market to new heights, with trading volumes reaching a record-breaking $34. 2 billion in the last 24-hour period. дальше »
2024-12-4 12:02 | |
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South Korean martial law catapults crypto trading volume to new record high with $34b
After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in… дальше »
2024-12-4 11:03 | |
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Political Turmoil In South Korea Impacts Bitcoin Prices As Market Eyes Trump’s Policies
Despite a notable pause in its upward trend, Bitcoin (BTC) is approaching the landmark $100,000 mark, fueled by expectations of supportive policies for the sector from US President-elect Donald Trump. дальше »
2024-12-4 09:00 | |
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South Korean Political Crisis Rocks Crypto Markets
South Korea's crypto market faces sharp volatility as martial law disrupts trading, with Bitcoin and altcoin prices plunging on local exchanges. The post South Korean Political Crisis Rocks Crypto Markets appeared first on BeInCrypto. дальше »
2024-12-4 23:50 | |
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Here’s why crypto prices had a brief flash crash in South Korea
Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin (BTC) price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost… дальше »
2024-12-4 19:15 | |
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Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law
The martial law declaration in South Korea highlights the vulnerability of crypto markets to geopolitical events, causing significant price volatility. The post Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law appeared first on Crypto Briefing. дальше »
2024-12-4 18:19 | |
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Here’s why stablecoin withdraws to self-custody wallet may ban in Brazil
Banco Central do Brazil (BCB), the largest central bank in South America, has proposed legislation to ban stablecoin withdrawals to self-custody wallets. According to the Federal Government of Brazil’s document on Dec. дальше »
2024-12-3 03:38 | |
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South Korean politicians agree to implement 2-year moratorium on crypto taxation
South Korea’s Democratic Party agreed to delay the implementation of crypto taxation laws, signaling a temporary truce in the heated debate over digital asset regulation in the country, the Korean Herald reported on Dec. дальше »
2024-12-3 02:00 | |
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South Korea to postpone Crypto Tax bill to 2027
South Korean regulators agree to postpone the 20% crypto tax for two years, after rejecting the Democratic Party’s proposal to raise the annual tax threshold from 2. 5 million won to 50 million won. дальше »
2024-12-2 10:56 | |
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CryptoQuant CEO compares South Korea’s hostile Bitcoin stance to ‘Gary Gensler situation’
CryptoQuant CEO Ki Young Ju has raised concerns about South Korea’s readiness to approve spot Bitcoin exchange-traded funds (ETFs). In a Nov. 26 post on X (formerly Twitter), Ju compared the regulatory climate in South Korea to the contentious stance of the US Securities and Exchange Commission (SEC) Chair Gary Gensler, suggesting that such an […] The post CryptoQuant CEO compares South Korea’s hostile Bitcoin stance to ‘Gary Gensler situation’ appeared first on CryptoSlate. дальше »
2024-11-28 17:15 | |
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South Korean FSC dismiss plans to build Bitcoin reserve ‘for the time being’
The South Korean FSC remains cautious of digital assets in the wake of domestic calls for a Bitcoin reserve after the U.S takes a bullish stance on crypto. According to a news report from South Korean news outlet Newsprime, Chairman… дальше »
2024-11-26 10:51 | |
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$1.75 Billion Gone? South Korean Crypto Platform Delio Files For Bankruptcy
A cryptocurrency platform based in South Korea has gone into bankruptcy as declared by a local court after its customers can no longer withdraw their virtual funds worth $1.75 billion. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The unfortunate circumstances faced by Delio serve as a reminder […] дальше »
2024-11-24 02:30 | |
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OneCoin’s Ruja Ignatova believed to be hiding in Cape Town
Cryptoqueen Ruja Ignatova, the mastermind behind the OneCoin Ponzi, may be hiding in South Africa, according to recent German investigations. Ignatova, an Oxford-educated Bulgarian, vanished in October 2017 after defrauding millions through a fake cryptocurrency scheme, sparking numerous theories about… дальше »
2024-11-22 12:40 | |
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North Korea Linked To 2019 Ethereum Theft Worth $55.7M, Say South Korean Authorities
South Korean authorities have officially identified North Korean hackers as the perpetrators of a major Ethereum heist in 2019, marking a significant breakthrough in the investigation. The stolen cryptocurrency, valued at 58 billion won (approximately $55. дальше »
2024-11-22 06:30 | |
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South Korea to Push 20% Crypto Tax in 2025 with $35K Exemption
The Democratic Party of Korea has confirmed its intention to introduce a 20% cryptocurrency taxation starting in Jan. 2025. дальше »
2024-11-20 17:10 | |
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BONK hits new all-time high following Upbit listing
BONK has emerged as the top gainer among the leading 100 assets following a major announcement from the South Korean crypto exchange Upbit. Bonk (BONK), the first Solana-based meme coin, surged 18% on Wednesday to hit a new all-time high… дальше »
2024-11-20 13:00 | |
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Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea
South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices. дальше »
2024-11-20 11:46 | |
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Haru Invest declared bankrupt amidst alleged $1b investor fraud
The Seoul Rehabilitation Court officially declared bankruptcy on crypto yield platform Haru Invest, after it was implicated in a crypto fraud worth up to $1 billion. Investigations by South Korean law enforcement revealed that Haru Invest, a crypto yield firm… дальше »
2024-11-20 10:49 | |
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Raydium (RAY) reaches one-year high following Bithumb listing
Raydium (RAY), the native token of the decentralized exchange (DEX) Raydium built on the Solana blockchain, has achieved a significant milestone, hitting a one-year high following its listing on South Korea’s leading cryptocurrency exchange, Bithumb. дальше »
2024-11-19 14:44 | |
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Bithumb exchange lists Raydium and Ponke on its platform, tokens indicate bullish momentum
Bithumb, a top cryptocurrency exchange based in South Korea, has announced the addition of two new token listings, Raydium (RAY) and Ponke (PONKE), for its platform. Both tokens, which run on the Solana (SOL) chain, became available for trading in… дальше »
2024-11-19 12:30 | |
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FIU investing Upbit for what could be the largest KYC scandals in crypto history
South Korea’s FIU investigating Upbit for failing to verify 500,000–600,000 accounts properly. Upbit could face billions in fines for KYC violations under South Korea’s laws. The exchange’s license renewal is delayed as the FIU scrutinizes possible illegal activity. дальше »
2024-11-16 21:13 | |
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Upbit license renewal on hold after authorities uncover 500k suspected KYC violations
South Korea’s Financial Intelligence Unit reportedly found 500,000 to 600,000 potential KYC violations on Upbit, the largest crypto exchange in the nation. KYC violations of this scale could lead to fines and possible license renewal issues. According to a report… дальше »
2024-11-16 14:42 | |
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Trump’s crypto policies may inspire China’s digital asset growth, HashKey CEO suggests
As tech tensions between the US and China deepen, cryptocurrency could become a new frontier for competition. US President-elect Donald Trump’s pro-crypto stance, promising clearer regulations and potential industry support, may spur China to reconsider its approach to digital assets, according to HashKey Group’s chairman and CEO, Xiao Feng. In an interview with the South […] дальше »
2024-11-15 18:49 | |
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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. дальше »
2024-11-14 03:30 | |
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South Korean police arrest YouTuber, 11 others in $231M crypto fraud case
South Korean police have arrested 12 suspects, including a prominent YouTuber, in connection with a $231 million crypto fraud that affected more than 15,000 investors, local media outlet Yna reported. дальше »
2024-11-13 15:34 | |
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Dogecoin mania enters South Korea despite falling below $0.40
The fall of the Dogecoin price below $0.40 triggered a surge in its trading volume and leading South Korean exchanges are profiting from it. Dogecoin (DOGE) declined by 5% in the past 24 hours and is trading at $0.385 on… дальше »
2024-11-13 14:41 | |
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AGLD soars 288% after Upbit launched 12 new crypto tokens on Nov. 13
South Korean crypto exchange Upbit is expanding its USDT market by adding 12 new crypto tokens to its listings. One of the tokens saw its price soar to nearly 300% after its launch. According to Upbit’s notice, the crypto exchange… дальше »
2024-11-13 13:40 | |
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Here’s how this Korean group lured investors in $230m crypto fraud
South Korean police uncovered a phony organization that lured investors into fraudulent crypto investments. The Gyeonggi Southern Provincial Police Agency’s Anti-Corruption and Economic Crime Investigation Unit arrested 215 individuals for operating, joining and participating in a fraudulent quasi-investment consulting firm,… дальше »
2024-11-13 09:46 | |
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Bitso rolls out Lightning Network support for 8m users
Bitso, a leading crypto exchange in Latin America, has rolled out Lightning Network support for 100% of its users. On Nov. 12, the Lightspark team posted on X that the South American crypto exchange Bitso has now added support for… дальше »
2024-11-13 23:08 | |
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Russia proposes digital asset investment platform for developing markets
Russian President Vladimir Putin has proposed establishing a digital asset platform within the BRICS bloc, according to local media reports. The initiative aims to boost investment flows into emerging economies in South Asia, Africa, and Latin America and could provide new channels for capital in high-growth regions. дальше »
2024-11-12 01:06 | |
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Putin proposes BRICS digital asset platform to reshape investment in South Asia, Africa, and LATAM
Putin's proposed BRICS digital asset platform aims to boost investment in South Asia, Africa, and Latin America, enhancing market growth. The post Putin proposes BRICS digital asset platform to reshape investment in South Asia, Africa, and LATAM appeared first on Crypto Briefing. дальше »
2024-11-12 21:15 | |
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Korbit partners with Coinbase to host Base Chain in South Korea
South Korean crypto exchange Korbit has partnered with Coinbase to bring Base Chain onto the platform. Now, users can perform Base Chain deposits and withdrawals directly on Korbit. According to a Business Korea report published on Nov. 8, Korbit has… дальше »
2024-11-8 14:04 | |
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South Korea’s Upbit will launch Solana-based DRIFT trading pairs
South Korea’s largest crypto exchange, Upbit, announced that it will launch DRIFT trading pairs for Korean Won, BTC, and USDT on Nov. 8. Drift Protocol’s governance token, DRIFT(DRIFT), will be available to trade on the Upbit crypto exchange starting on… дальше »
2024-11-8 10:53 | |
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Korean Digital Asset Exchange Association suspends trading for ORB and TEMCO
The Korea Digital Asset Exchange Association has assigned trade warnings and terminated support for ORB and TEMCO tokens, stating both projects have violated the Virtual Asset User Protection Act that may impact on their asset values. South Korean crypto exchange… дальше »
2024-11-6 15:36 | |
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Seven South Korean banks to participate in CBDC-driven pilot
Seven financial lenders in South Korea have been authorized to participate in a pilot program testing CBDC-based digital financial services. South Korea‘s Financial Services Commission has authorized seven domestic banks to participate in a pilot program testing digital financial services… дальше »
2024-11-6 12:32 | |
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