Category: Korea
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South Korea Must Approve Crypto ETFs ‘Sooner Than Later’
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Korea’s exchange president Jeong Yun-Popp for the country’s approval of the funds circulating in the exchange of encryption (ETFS). In the midst of the country’s stock market crisis, he urged the renewal of South Korea’s financial industry to enhance the market and compete with other countries. South Korea needs ATFS…
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Bitcoin Kimchi Premium Soars To 3-Year High In South Korea – Details
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according to Data From Cryptoquant, Kimchi Premium Bitcoin (BTC) increased to the highest level in three years of 12 %. This rise comes amid a sharp decrease in the leading cryptocurrency, resulting from concerns about the economic impact The United States’ commercial tariff, which waves on the horizon in Canada,…
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Bitcoin Kimchi Premium Soars To 3-Year High In South Korea – Details
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according to Data From Cryptoquant, Kimchi Premium Bitcoin (BTC) increased to the highest level in three years of 12 %. This rise comes amid a sharp decrease in the leading cryptocurrency, resulting from concerns about the economic impact The United States’ commercial tariff, which waves on the horizon in Canada,…
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Korea Backs Airport Design Amid Scrutiny of Wall’s Role in Crash
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Breadcrumb links BMN Business South Korean authorities have defended airport infrastructure at the site of the country’s worst civilian air accident as questions grow about the role the concrete wall at the end of the runway played in the disaster. Article writer: Bloomberg News Alison Versbury and Hyejin Kim Posted…
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Political Instability In South Korea Fuels Bitcoin ‘Kimchi Premium’ Surge
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The Bitcoin (BTC) “kimchi premium” has returned to the South Korean cryptocurrency market, as the country faces political instability. This has led to a weakening of the Korean Won (KRW) and a rise in the price of the leading cryptocurrency. Bitcoin Kimchi Premium Rising in South Korea According to CryptoQuant…
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South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations
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South Korea has Announce Sanctions against 15 individuals and one entity from North Korea involved in cybercrime, including large-scale cryptocurrency thefts. The move comes amid growing concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sanctions. South Korea imposes sanctions on North Korean…
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South Korea Crisis Sparks $34.2 Billion Explosion In Crypto Market
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last tuesday, South Korean President Yoon Suk-yeol It surprised the country by declaring martial law. The president’s surprise announcement, which was later retracted, created political chaos and rattled markets. South Korea The stock market fell In morning trading on Wednesday, the Kospi fell 2% as a result of the turmoil.…
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South Korea Crisis Sparks $34.2 Billion Explosion In Crypto Market
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last tuesday, South Korean President Yoon Suk-yeol It surprised the country by declaring martial law. The president’s surprise announcement, which was later retracted, created political chaos and rattled markets. South Korea The stock market fell In morning trading on Wednesday, the Kospi fell 2% as a result of the turmoil.…
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Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
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Cryptocurrency companies in South Korea will have some breathing room before they start paying capital gains tax as the government has decided to postpone its implementation for two years. South Korean lawmakers agreed not to impose a tax policy on cryptocurrencies next year, moving its implementation to 2027. Cryptocurrency tax…
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Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
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Cryptocurrency companies in South Korea will have some breathing room before they start paying capital gains tax as the government has decided to postpone its implementation for two years. South Korean lawmakers agreed not to impose a tax policy on cryptocurrencies next year, moving its implementation to 2027. Cryptocurrency tax…
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Tycoon Who Bungled Korea Zinc’s Share Sale Fights for Control
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Breadcrumb links BMN Business The new office of Korea Zinc Corporation in downtown Seoul greets visitors with a large bust of the current Chairman’s grandfather. But conspicuously absent is the friend with whom he started the metal empire more than seven decades ago — and whose family is now trying…
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Tycoon Who Bungled Korea Zinc’s Share Sale Fights for Control
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Breadcrumb links BMN Business The new office of Korea Zinc Corporation in downtown Seoul greets visitors with a large bust of the current Chairman’s grandfather. But conspicuously absent is the friend with whom he started the metal empire more than seven decades ago — and whose family is now trying…
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Cross-Border Crypto Transactions Targeted By South Korea
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South Korean authorities have announced their plan to fully regulate cross-border cryptocurrency transactions by the end of 2025 to combat the “blind spot” that enables foreign exchanges to evade taxes. Quranic authorities regulate cross-border cryptocurrency transactions According to local media Edaily, South Korean Deputy Prime Minister (DPM) Choi Sang-mook subscriber…
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Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’
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This article is also available in Spanish. Bitcoin (BTC) is trading slightly lower in South Korea compared to global cryptocurrency markets due to a reverse “kimchi premium,” which has not been seen. since October 2023. Reverse ‘Kimchi Premium’ Makes Bitcoin Cheaper in South Korea According to A a report By…
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India, S. Korea bonds to join FTSE Russell government indexes in 2025 By Reuters
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(Reuters) – Russell Global Indexes said on Tuesday it will include Indian sovereign bonds in the Emerging Market Government Bond Index (EMGBI) from September 2025, following the inclusion of the index by JPMorgan and Bloomberg Index Services, which could attract billions of dollars into bonds. Local. . The London-based index…
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South Korea warn that rapid pick-up in household debt may turn into systemic risk.
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Mercedes-Benz chief in South Korea to meet residents after EV fire damaged property By Reuters
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SEOUL (Reuters) – The head of Mercedes-Benz in South Korea on Wednesday met residents of an apartment complex damaged by a fire that started in one of its electric cars and raged for more than eight hours, raising concerns about public safety. Mercedes-Benz Korea CEO Matthias Veitel will hold a…
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Hero Cosmetics CEO Discovered Skincare Idea in South Korea
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An acne emergency isn’t usually something to be thankful for, but Jo Rio attributes her almost overnight commercial success to a few bad acne outbreaks. The founder of Hero Cosmetics, a skincare brand that promises to be your savior in the wake of acne woes, describes her career path as…
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South Korea exchange triggered its ‘sidecar’ on Kospi futures
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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South Korea Taps US Trade Deal to Prevent Chip Spats with Japan
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Breadcrumbs Path Links PMN Business South Korea is seeking to play a bigger role in a U.S.-led trade pact in Asia aimed at stemming the risk of friction with Japan that has affected global semiconductor supply chains. Article author: Published on July 30, 2024 • Read for 3 minutes You…