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Tag: Kimchi premium

Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China

January 10, 2023 wp-bot Bitcoin News

A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading

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Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

January 2, 2023 wp-bot Bitcoin News

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much

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South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin

July 3, 2021 wp-bot Bitcoin News

One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the

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South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average

May 24, 2021 wp-bot Bitcoin News

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

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South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike

April 26, 2021 wp-bot Bitcoin News

During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global

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South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’

April 22, 2021 wp-bot Bitcoin News

The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government.

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