#South Korea cryptocurrency

Kimchi Premium Returns: Bullish Bitcoin Breakout Imminent?

April 10, 2019 by Osato Avan-Nomayo at Bitcoin, Commentary, Exchange, News

It appears the “Kimchi Premium” is making an appearance once again in the South Korean bitcoin (BTC) market as the top-ranked cryptocurrency looks set for a bullish 2019. South Korean Market Premium Returns In a tweet published on April 9, 2019, CryptoHamster, a bitcoin analyst evidenced the appearance of elevated...

South Korea: Lawmakers Clamor for Less Stringent Cryptocurrency and Blockchain Policies

April 8, 2019 by Osato Avan-Nomayo at Adoption, Altcoins, Bitcoin, Regulation

A group of South Korean lawmakers have expressed concern over the strict regulatory policies of the Financial Service Commission (FSC) on the cryptocurrency and blockchain sector and subsequently called for deregulation. Despite repeated calls for less stringent regulations, the government is yet to do much in that regard. This according...

South Korea: Central Bank Report States CBDCs Could Reduce the Role of Commercial Banks

March 27, 2019 by Aisshwarya Tiwari at News

On March 26, 2019, South Korea’s central bank published 2018 Annual Payment Settlement Report. In the report, the country’s apex bank has given a summary of research it conducted on central bank digital currencies (CBDCs). Promising Future for Crypto Assets South Korea is one of the global hotbeds when it...