Crypto Boom: Older Koreans Drive Surge
South Korea’s cryptocurrency ownership surged 52.6%, with over 9.6 million investors, driven by increasing interest from older generations. #Update #Crypto (+3) ↗
South Korea
Ethereum Altcoin Surges 68% on Korean Exchange
@Bithumb’s support for $ACX led to a 68% surge, with prices peaking at $0.462 before settling at $0.319, marking a 10% daily gain. #Update #Crypto $ACX (+4) ↗
Crypto Crackdown: South Korea Targets Unregistered Exchanges
South Korean financial authorities are enforcing the Specific Financial Information Act to regulate unregistered overseas crypto exchanges targeting Korean users. #Breaking #Legal (+9) ↗
Bitcoin Rejected by Bank of Korea
The Bank of Korea has not considered adding $BTC to its foreign exchange reserves, citing volatility concerns as a significant risk factor. #Update #Crypto $BTC (-4) ↘
CBDC Trial South Korea 100000 Users
South Korea’s central bank will pilot CBDC with 100,000 users and seven banks issuing deposit tokens for digital payments at top retailers. #Breaking #Crypto (+8) ↗
Bitcoin Considered for South Korea Reserve
South Korea’s Democratic Party proposes Bitcoin reserves and a won-backed stablecoin amid political uncertainty and potential presidential impeachment #Update #Crypto $BTC (+6) ↗
Crypto Revolution: South Korea’s Institutional Boom
@Ripple partners with BDACS to implement Ripple Custody, enhancing institutional crypto adoption in South Korea, says President Monica Long. #Update #Crypto (+3) ↗
Crypto Custody Enhanced BDACS Ripple Partnership
@BDACS and @Ripple announced a strategic alliance to expand institutional custody services for $XRP, RLUSD, and related cryptocurrencies in South Korea. #Update #Crypto $XRP (+3) ↗
Bitcoin Premium Surges in South Korea
Bitcoin trades at $101,479 in South Korea, surpassing the global average of $97,000 due to local market dynamics. #Update #Crypto $BTC (+3) ↗ (Source: News.Bitcoin)
Crypto Crackdown South Korea Targets Scams
South Korea’s Financial Services Commission and Financial Supervisory Service have taken action under the new crypto regulatory framework, targeting a suspect for alleged rapid price manipulation in a pump-and-dump scheme. #Breaking #Legal #Crypto (-9) ↘
South Korea Court Issues Yoon Arrest Warrant
A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he ignored three summons requests, marking a significant legal development in the nation’s political landscape. #Breaking #Legal @Cointelegraph ↗ +9
Bitcoin Surges Amid South Korea Turmoil
South Koreans pay 3% more for $BTC on @Upbit due to won’s decline amid political upheaval following Prime Minister Han Duck-soo’s impeachment. #Breaking #Crypto @Upbit ↘ (-6)
Crypto Sanctions: South Korea Targets North
South Korea sanctioned 15 North Koreans for crypto heists funding North Korea’s nuclear program, highlighting ongoing cyber threats and geopolitical tensions. #Breaking #Legal @SouthKoreaGov ↘ (-7)
Bitcoin Recovered South Korea Links Heist
South Korea recovers 4.8 $BTC from North Korea’s 2019 Upbit hack, linked to $ETH theft worth over $1B. International cooperation, including the FBI, underscores the need for global efforts to combat sophisticated crypto crimes and tighten industry regulations.