Cryptocurrency Adoption Is Highest in These 5 Countries
When we think of cryptocurrency adoption, we often assume that South Korea, Japan, or the United States take the lead. Not so, according to the…
Tag: South
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not…
Google Trends Shows Bitcoin Is About to Explode in South Korea
South Korea has long been a key region for Bitcoin adoption. Now its government and banks are coming around, Googe Trends reveals an interesting pattern.…
South Korea’s Biggest Bank U-Turns on Crypto With Custody Service
South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported…
Bitcoin Bull Market Sees South Korea Set Fresh Localbitcoins Trading Record –
South Koreans exchanged almost 220 million won ($186,000) worth of Bitcoin on P2P trading platform Localbitcoins the week ending May 25. KRW Third Most-Used Fiat…
Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal – Bitcoinist.com
An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney…
5th Biggest Korean Bitcoin Exchange Closes Shop – Bitcoinist.com
Coinnest, one of the largest Bitcoin exchanges in South Korea has announced that it will be shutting down following a litany of administrative, financial and…
Kakao Follows $90M ICO With Fresh $90M Funding Goal – Bitcoinist.com
South Korean internet giant Kakao Corp has seen major success during its private initial coin offering (ICO) and will raise more funds this week. Kakao…
South Korean Crypto Exchange Declares Bankruptcy Citing EmbezzlementSouth Korean Crypto Exchange Declares Bankruptcy Citing Embezzlement – Altcoin Today
South Korean cryptocurrency exchange Coinbin has declared bankruptcy after suffering millions of dollars in losses, in part due to claimed embezzlement. Coinbin published a notice on its…
Korean Central Bank Study: Issuing Digital Currency Poses Financial RiskKorean Central Bank Study: Issuing Digital Currency Poses Financial Risk – Altcoin Today
Researchers from South Korea’s central bank say issuing a central bank digital currency (CBDC) could have negative ramifications for the economy. The Bank of Korea…