In a day after recording its worst single-session loss in history, South Korea’s KOSPI surged over 11% on Thursday, staging one of the most dramatic reversals that the index has ever seen. ** ** . No major economy is more acutely wired to Middle East instability than Seoul and this week proved it. The Bounce of KOSPI and KOSDAQ One …
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10 Altcoins Experiencing a Volume Explosion in South Korea Announced! XRP Remains at the Top
Trade volume in South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, has seen dramatic increases in trading volume over the past 24 hours. Some altcoins (especially $XRP) traded volumes of hundreds to millions dollars, boosting market activity for some altcomin. Clearly, South Korean investors are focused on certain altcoins when spot market data from both exchanges are evaluated together. …
Read More »South Korea Lifts 9-Year Ban on Cryptocurrency Investment! Here Are the Details
The dramatic change in South Korea’s long-standing strict restrictions on cryptocurrency markets has been a major step towards its newer, more recent reforms. The country ended a ban on institutional cryptocurrency investment that had been in place for nearly nine years, which allowed listed companies and professional investors to invest in crypto assets within certain limits. It is seen as …
Read More »Wemade rallies partners for KRW stablecoin push after years of setbacks
Wemade ignites a Korean stablecoin revolution! The blockchain gaming giant forges the Global Alliance for KRW Stablecoins (GAKS) with heavyweight partners Chainalysis, CertiK, and SentBe, aiming to unleash a won-denominated digital economy. Wemade throws its weight behind StableNet, a groundbreaking mainnet designed specifically for Korean won-backed stablecoins. This isn’t just another blockchain project; it’s a bold move to bridge the …
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