South Korea

Zuid-Korea Verzoekt Bedrijven om Blootstelling aan Crypto-ETF's, Coinbase en Strategie te Verminderen: Rapport
Het rapport lijkt een verandering in het standpunt van Zuid-Korea te suggereren, dat naar verluidt van plan was de handel in crypto te versoepelen.

Crypto-exchange Coinone wint rechtszaak in Zuid-Korea over dubbele bitcoinopnames
De rechtbank heeft geoordeeld dat de klanten hebben geprofiteerd van ongerechtvaardigde verrijking als gevolg van een netwerkvertraging, en niet door de servers van de beurs.

Zuid-Koreaanse beurs Upbit werkt aan Won-stablecoin in samenwerking met Naver Pay: rapport
Een KRW stablecoin zou effectief het verschil tussen beurzen kunnen elimineren en een einde kunnen maken aan de "kimchi-premie."

Bank of Korea Schort CBDC-project Op terwijl Regering Wetsvoorstel voor Stablecoin Indient: Bericht
Het project had het stadium bereikt van het ontwikkelen van een pilotprogramma in samenwerking met deelnemende banken.

Bitcoin Flash Crash to $63K on Upbit After South Korea's Martial Law
Bitcoin fell as low as $63,000 on Upbit after martial law was declared in South Korea. According to data from Lookonchain, whales moved large amounts of tether onto the crypto exchange to take advantage of the BTC discount Tuesday. CoinDesk's Christine Lee presents the "Chart of the Day."

Akash Network’s Token Surges Nearly 50% on Upbit Listing
Akash Network’s token surged to nearly $7 after the token was listed on South Korean exchange, Upbit. Upbit is the largest crypto exchange in South Korea by trading volume, and AKT has a market cap of 1.45 billion dollars according to Messari. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Bitcoin's 200-Day Average Nearing Record High; Ripple Rejects SEC’s Ask of $1.95B Fine
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin's 200-day average is on track to challenge its previous peak of $49,452 from February 2022. Plus, Ripple Labs has opposed the SEC’s proposal seeking a nearly $2 billion fine against the company and Crypto.com is postponing its South Korea Launch.

Crypto Fee War Intensifies in South Korea
According to Kaiko data, Upbit has been the dominant player in the South Korean crypto markets since 2021 with an average market share of 82%. Since exchanges started promoting their zero-fee campaigns, competition has intensified during the recent bull run. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

What South Korea's Elections Mean for Crypto; The Potential for Spot BTC and ETH ETFs in Hong Kong
Crypto Council for Innovation Chief APAC Analyst Sean Lee breaks down the state of crypto in Asia. He focuses on the impact of South Korea's latest election on digital assets. Plus, the possibility of the spot bitcoin and ether ETF approval in Hong Kong, and which regions are leading the pack when it comes to crypto adoption in Asia.

Hong Kong Approving an Ether ETF Could Be a 'Surprise,' Analyst Says
Crypto Council for Innovation Chief APAC Analyst, Sean Lee, weighs in on the possibility of spot bitcoin and ether ETF applications in Hong Kong, as Bloomberg reported that investors could see approvals as early as next week. If Hong Kong does "approve for bitcoin and ether ETFs at the same time, that will certainly be a first around various different jurisdictions in the world," Lee said.
