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NEWS

South Korea Dismisses Establishing Strategic Bitcoin Reserve

Vivek Sen Bitcoin -
The Bank of Korea (BOK) has dismissed the possibility of establishing a strategic bitcoin reserve, citing concerns over price volatility and risks. This comes...
BUSINESS

South Korean Pension Fund Buys $34 Million in MicroStrategy Shares

Vivek Sen Bitcoin -
South Korea's National Pension Service bought $34 million of MicroStrategy stock, gaining indirect exposure to Bitcoin. The pension fund joins others using MicroStrategy as a proxy for Bitcoin investing.
MARKETS

Largest South Korean Parties Promise Bitcoin ETFs Before Election

Landon Manning -
With South Korean elections mere weeks away, both contenders have pledged to approve a Bitcoin ETF. Slight additional policy differences distinguish the two options.
MARKETS

Pro-Bitcoin And Crypto Politician Yoon Suk-yeol Elected To Be Next President Of South Korea

Shawn Amick -
Yoon Suk-yeol won the closest South Korean election in history with promises to deregulate bitcoin and crypto while easing tax burdens.
MARKETS

KB Bank to Launch South Korea’s First Bitcoin, Crypto Fund

Shawn Amick -
KB Asset Management to utilize AI-based investment strategy research along with an outsourced chief investment officer to launch digital asset products.
BUSINESS

It’s Time For South Korea To Embrace Bitcoin, Says KRX Chairman

Namcios -
Korea Exchange Chairman Son Byung-doo said the country needs to study embracing bitcoin and cryptocurrencies.
MARKETS

Bitcoin’s Kimchi Premium Bubble: Inflation, Deflation and Consequences

Lex Moskovski -
Bitcoin often trades at a premium in South Korea; what happens when this bullish spread quickly dissipates?
MARKETS

Bitcoin’s “Kimchi Premium” Hits 15 Percent

Ahyke Otutubuike -
The so-called “Kimchi premium,” or bitcoin price difference in South Korea, has hit 15 percent.
BUSINESS

India Lifts Crypto Ban, South Korea Imposes New Rules and the US Remains Stagnant

David Hollerith -
With India reversing a ban on cryptocurrency and South Korea imposing new rules on exchanges, the lack of forceful regulation from the U.S. is a loss.
CULTURE

Darknet Markets Can’t Live With — or Without — Bitcoin

David Hollerith -
Inside the darknet market seizure made possible by Bitcoin.
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