Market
South Korea’s KOSPI crashes 10% as regulator admits ETF mistake – Bitcoin falls below $63,000
The KOSPI rout hit chipmakers that dominate the index and spilled into crypto markets already weakened by persistent ETF outflows.
South Korea
Latest stories
AI
The world’s hottest AI stock market just swung nearly 17% in two days
The best-performing major equity index on the planet froze mid-crash on Monday, then posted its largest one-day point gain ever on Tuesday, and the whiplash is a warning for anyone holding AI-fueled assets.
Tokenization
XRP volume is exploding in Korea because it exploits a specific gap in the country’s spot-only exchange laws
Despite global Bitcoin focus, South Korea's unique infrastructure fuels XRP's popularity as the local trading powerhouse.
Digital Asset Treasuries
Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?
Ethereum’s latest slide has revived debate over who’s really supporting the market, with some claiming South Korea’s “seohak gaemie” traders, not institutions, are what's keeping ETH treasury firms alive.
Exchanges
Naver merger talks to route 30M shoppers to Upbit sparking fee collapse
Cheaper stablecoin checkout could force banks and card giants to cut rates.
Stablecoins
Asian powerhouses Japan and South Korea advance stablecoin regulatory efforts
Japan's strategic move for a yen-based stablecoin aligns with South Korea's legislative push in the fast-evolving crypto space.
Tokenization
Institutional interest boosts XRP’s resurgence in South Korea and Japan
BDACS' XRP custody strengthens ties with Ripple while SBI's ETF marks a milestone for Japanese investors.
Tokenization
XRP trading volume soars as new ATH attracts deepfake scam targeting investors
XRP ranks among top traded assets as U.S. and South Korean exchanges drive trading spike.
ETF
South Korea moves closer to spot Bitcoin ETFs as FSC explores proposal
The FSC will also scrutinize transaction fees at major crypto exchanges amid sweeping regulatory changes.
Exchanges
South Korean banks urge policy shift to broaden crypto exchange ties
The banking executives argued that ending exclusive bank-exchange ties will unlock greater financial service options.
Exchanges
South Korean exchange UPbit saw massive earnings growth in 2024 amid regulatory hiccups
South Korean court ruling offers Upbit parent company Dunamu temporary relief from regulatory restrictions as profits soar.
Regulation
South Korea blocks 17 overseas crypto exchange apps in registration crackdown
Users urged to withdraw assets as South Korea clamps down on foreign crypto platforms to curb money laundering.