Topline Kim Yo Jong, senior North Korean government official and sister of leader Kim Jong Un, warned that her country is prepared use to nuclear weapons to “eliminate” South Korea’s military if it ch...
Tag: Koreas
South Korea’s Crypto Market Gears up to Legitimacy, With Banks Eyeing a Share of the Cake
With the incoming South Korean President, Yoon Suk-yeol, pledging the easing of crypto regulations, the market is on a solid path to being significantly legitimized, according to local media outlet Th...
Tailwinds for South Korea’s Crypto Industry; Bitcoin, Ether Plunge
“Now, Europe is seeking new sources of natural gas to replace Russian imports, which account for 38% of the gas imported into the European Union. In addition to Qatar, European nations are talki...
S. Korea’s SK Square Will Spend $1.6B on Semiconductors, Blockchain
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
South Korea’s LG Electronics Venturing Into Crypto and Blockchain Technology – crypto.news
LG Electronics has added cryptocurrency and blockchain technology to its business charter. The South Korean tech giant’s business expansion plan was approved during a shareholders’ meeting on March 24...
South Korea’s IT, SK Square, giant to issue own cryptocurrency –
SK Square, the information technology investment arm of South Korean megacorporation SK Network, is planning to introduce a cryptocurrency this year to connect its group of information and communicati...
South Korea’s SK Square to Launch Its Own Crypto
SK Square, the investment arm of South Korea-based giant SK Group, is reportedly working on launching its own cryptocurrency and a blockchain Blockchain Blockchain comprises a digital network of blo...
What Could Change For South Korea’s Crypto Regulations
The new president of South Korea Yoon Suk-yeol wants the country to lead the crypto market. Recently, he vowed to deregulate the virtual asset industry and expects to set a more amicable regulatory fr...
This Is How South Korea’s Incoming President Aims to Turn the Country Into Crypto Hub
South Korea’s newly elected president – Yoon Suk-yeol – displayed a pro-crypto stance during his campaign. Among his ideas is increasing the minimum threshold for paying capital gains tax on profits f...
Why Was Cryptocurrency Extremely Essential In Korea’s Latest Election?
In Korea, an estimated 8.4 million people own cryptocurrencies, with more than 60% of them in their twenties and thirties. Yoon announced that he would release a total of 22,329 NFTs at a price of aro...
Crypto Proponent Yoon Suk-Yeol Is South Korea’s New President
Yoon Suk-Yeol – a member of the Conservative party – won the South Korean presidential election. The new political leader of the East Asian country has demonstrated a pro-crypto stance. Not long ago, ...
South Korea’s New President Could Deregulate Its Crypto Industry
The win of the conservative candidate Yoon Suk-yeol in South Korea’s presidential election could indicate good news for the crypto industry as Yoon had promised to eliminate several regulations upon b...
Yoon Suk-yeol, who pledged to deregulate South Korea’s crypto sector, wins presidential election
advertisement Yoon Suk-yeol, a conservative South Korean presidential candidate, has prevailed in that country’s national election. Yoon, representing the opposition People Power Party, won by a...
South Korea’s presidential candidates issue NFTs in latest bid to win votes
South Korea’s presidential candidates are locked in a close race and are looking to garner more support in the crypto community via NFTs. The country’s conservative party candidate Yoon Suk-yeol issue...
South Korea’s 4 Biggest Crypto Exchanges Slam The Door On Russian Users
Several of South Korea’s largest crypto exchanges have allegedly joined the increasing list of global sanctions against Russian President Vladimir Putin’s regime by barring the country’s IP addresses....
South Korea’s crypto market tops $45B, study finds
TL; DR Breakdown South Korea crypto market have surpassed $45 billion in value. The average daily transaction volume from 24 local exchanges sum to 11.4 trillion won. Government take part in the promo...
Crypto ETF to be released by South Korea’s Kookmin Bank
Crypto ETF to be launched for the first time by Kookmin Bank in South Korea The ETF tracks the value of a particular asset or a collection of assets on the exchange South Korea is the global leader o...
South Korea’s Kookmin Bank Launching Crypto Investment Product – crypto.news
Kookmin Bank of South Korea has announced that it has now set up a Digital Asset Management Preparatory Committee, ahead of the impending launch of its digital asset investment products. The firm says...
South Korea’s Kookmin Bank to launch crypto investment fund
South Korea’s Kookmin Bank announced on February 21st, that it has formed a Digital Asset Management Preparatory Committee which will look into creating a cryptocurrency ETF for retail investors. The ...
South Korea’s KB Bank to Offer Crypto Investment Fund
South Korean banks see the future of cryptocurrencies as KB Bank becomes the first lender in the country to consider offering crypto investment products to retail clients. Earlier, another lender in t...
South Korea’s First Crypto Investment Vehicle Will Be Launched By KB Bank
According to the analysis platform MacroTrends, KB Monetary Group, the nation’s largest by web revenue, has around $520 billion in total assets as of September 2021. The bank plans to create cryptocur...
Korea’s largest bank to launch the country’s first crypto investment fund
advertisement Kookmin Bank, South Korea’s largest bank by net assets, plans to launch crypto investment products targeted at retail investors, according to an announcement. The bank has formed ...
Report: North Korea’s “Lazarus Group” becoming more sophisticated
A new report by the Center for a New American Security (CNAS) has identified that the North Korean state-sponsored hackers Lazarus Group deploy high-level techniques to steal and launder crypto profit...
South Korea’s Kookmin Bank to Release Crypto ETFs
One of the leading financial institutions in South Korea – Kookmin Bank (KB) – intends to offer cryptocurrency exchange-traded funds (ETFs) and futures products to retail investors. If successful, it ...
South Korea’s KB bank set to launch a crypto investment fund
TL;DR Breakdown Kookmin Bank of South Korea is working on becoming the first in South Korea to provide crypto investment services to the general public. The bank goal is to create a crypto index fund ...
KB Bank to launch South Korea’s first crypto investment fund
Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21 that it had formed a Digital Asset Management Prepar...
South Korea’s Bithumb and Upbit Achieve Unicorn Status
South Korea’s two largest crypto exchanges attain unicorn status to take South Korea’s global unicorn ranking to No. 4 South Korea’s Financial Supervisory Service (FSS) will tighten the monitoring of ...
Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS – Coinotizia
Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb Korea, Korbit, and Coinone are the n...
Crypto Finances North Korea’s Missile Program? UN Thinks So
Per a BBC report, the controversial Democratic People’s Republic of Korea (DPRK) Missile Program has been funded with stolen crypto. The report cites an alleged United Nation’s Sanctions Committee inv...