South Korea Archives - Page 5 of 5

Six-Figure Bitcoin Rally Triggers Rare Price Inversion in South Korea

Leave a Comment / Bitcoin (BTC), Coinbase, Markets and Prices, South Korea / best time

Over the past 24 hours, bitcoin has drifted between $103,133 and $104,841, while South Korea’s notorious premium quietly inverted, dipping into discount territory for several days this month. Bitcoin’s Comeback Inverts South Korea Premium to 0.76% Below Global Average Bitcoin has experienced an eventful week, buoyed by renewed appetite and reclaiming the $100,000 milestone for […]

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South Korean Crypto Exchanges Fret Over Commission Fee Cap Fears

Leave a Comment / Blockchain News, crypto exchange, South Korea / best time

South Korean crypto exchanges are “worried” they may be hit with a commission fee cap following recent comments from Lee Jae-myung, the frontrunner in the nation’s presidential race. Per the South Korean newspaper Noksek Gyungjae Shinmun, crypto exchanges think Lee’s promise to “lower crypto transaction fees” could result in lower profits for their platforms. South

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South Korean Presidential Frontrunner Pledges to Cut Crypto Transaction Fees

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Lee Jae-myung, the frontrunner in the upcoming South Korean presidential elections, has promised to cut crypto transaction fees and approve Bitcoin spot ETFs if he wins June 3’s poll. Per the South Korean newspaper Hanguk Kyungjae, Lee made a series of pledges to younger voters while speaking at an event in North Chungcheong Province on

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South Korean Presidential Hopeful Wants to Let State Pension Fund Buy BTC

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The South Korean Presidential race is set to take another Bitcoin (BTC)-themed turn after the ruling People Power Party named former labor minister Kim Moon-soo as its candidate for June 3’s election. Per the South Korean media outlet Digital Daily, officials think 16.3 million South Koreans have previously or currently own cryptoassets. Their data is

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South Korean Regulator Designates Crypto Exchange Bithumb as a Conglomerate

Leave a Comment / Blockchain News, crypto exchange, South Korea / best time

The South Korean Fair Trade Commission (FTC) has classified the crypto exchange Bithumb as a conglomerate. The designation will force the company to adhere to a range of financial compliance rules. Per Jeongi Shinmun, Bithumb was one of just five companies added to the FTC’s list of conglomerate companies and business groups on May 1.

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South Korea’s PPP Pledges to Ditch Crypto Exchange Banking Rules if Elected

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The South Korean People Power Party (PPP) has claimed that it will abolish the country’s controversial crypto exchange banking law if its candidate wins June’s Presidential Elections. The South Korean media outlet EDaily reported that the party has promised to do away with a law that requires domestic banks to form exclusive partnership deals with

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