Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy.
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Bank of Korea Seeking Technology to Develop Digital Currency
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to
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South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average
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 Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he
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South Korean Deputy Prime Minister Eases Anti-Crypto Rhetoric, Aims to Create More Domestic Market Opportunities
The South Korean government seems to be easing its anti-crypto tone, as the Deputy Prime Minister came forward with a statement that opened the doors
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Bitcoin $5K ‘kimchi premium’ returns while gold prices surge in Korea
Bitcoin is trading at 12.5% higher in South Korea than in other markets, while gold prices climb to quarterly highs.
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