SEOUL, Dec. 25 (Korea Bizwire) — South Korea’s cryptocurrency market has experienced a significant surge in investors, coinciding with the U.S. presidential election and growing optimism around President-elect Donald Trump’s pro-crypto policies. According to data submitted by the Bank of Korea to lawmaker Lim Kwang-hyun of the National Assembly’s Strategy and Finance Committee, the number of [...]
SEOUL, May 17 (Korea Bizwire) – South Korea’s financial authorities have launched “emergency” inspections into domestic cryptocurrency exchange operators to enhance investors’ protection after the recent collapse of the TerraUSD and Luna cryptocurrencies, sources said Tuesday. The move came after TerraUSD and its sister coin Luna tumbled, causing massive losses to investors and sending shockwaves [...]
Northbrook, April 5 (Korea Bizwire) — According to a research report “Cryptocurrency Market with impact of COVID-19 by Offering (Hardware, and Software), Process (Mining and Transaction), Type, Application (Trading, Remittance, Payment: Peer-to-Peer Payment, Ecommerce, and Retail), and Geography – Global Forecast to 2026″ published by MarketsandMarkets, the cryptocurrency market size is expected to grow from USD 1.6 billion [...]
SEOUL, May 28 (Korea Bizwire) — The cryptocurrency market has been on a rollercoaster ride in recent months, with its course dictated by Elon Musk’s series of remarks. Never before has one individual had so much influence over fluctuations in prices. Here, a question arises–how? Hong Ki-hoon, a professor of business administration at Hongik University [...]