Tags : Koreas

Regulation

Korea’s financial watchdog orders employees to disclose crypto holdings

The chairman of South Korea’s Financial Services Commission (FSC), Eun Sung-soo, has ordered the regulator’s employees involved in digital assets-related policymaking to disclose their crypto holdings by May 7, local outlet The Korea Times reported today. With this move, the FSC reportedly aims to detect potential employee misconduct and investigate whether any of the public […]Read More

Bitcoin

Kimchi Premium Soars 17% as South Korea’s Crypto Market Turns

Since March’s extreme volatility, Bitcoin price action has been far more stable. The major cryptocurrency has continued to hover around the $57,000 to $58,000 price level, seeing minimal fluctuations with the Bitcoin Volatility Index sitting at 3.21%.  In South Korea, however, the resurgence of the local crypto scene and tightening regulations have led Bitcoin prices […]Read More