In brief The Bank of Korea will launch Phase 2 of its CBDC pilot in September, expanding to nine banks and a …
Korea
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South Korea has raised interest rates for the first time since January 2023, shifting monetary policy toward tighter conditions in one of …
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Markets
Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady after Korea rate hike
by shayaanby shayaanBlockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea’s rate hike. www.coindesk.com
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Markets
Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady after Korea rate hike
by shayaanby shayaanBlockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea’s rate hike. www.coindesk.com
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Adoption
Korea Stock Rout Triggers 1,426% Volume Spike On Upbit Amid $286 Million In Forced Liquidations
by shayaanby shayaanThe KOSPI index tumbled another 4% intraday to 6,534.34 on July 14, with chip giant SK Hynix shedding more than 7% in …
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Regulation
South Korea Delegation Meets U.S. SEC to Narrow Crypto Regulation Gap
by shayaanby shayaanA South Korean government delegation has met with the U.S. Securities and Exchange Commission (SEC) to discuss reducing differences in cryptocurrency regulations …
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South Korea’s Financial Intelligence Unit (FIU) informed the Financial Action Task Force (FATF) about the increasing gaps in regulation regarding crypto transfers …
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Regulation
South Korea to Grant Upbit Operator Dunamu Access to Government Administrative Data
by shayaanby shayaanThe South Korean government is moving forward with a plan to grant Dunamu, the operator of the country’s largest cryptocurrency exchange Upbit, …
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Regulation
South Korea arrests 23 over USDT laundering for Cambodian fraud network
by shayaanby shayaanSouth Korean authorities have dismantled an alleged cryptocurrency laundering operation that moved 16.8 billion won ($11.1 million) through $USDT transactions and exchange …
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Regulation
South Korea Police Crypto Custody Bid Draws Fire for Favoring Large Exchanges
by shayaanby shayaanThe National Police Agency of South Korea has launched its fourth attempt to secure a custodian for managing seized virtual assets, but …