Local Markets Out, Crypto In: South Korea’s Youth Investors Make Bold Shift
South Korean youth are abandoning their domestic stock markets at unprecedented rates, instead directing their investments toward US stocks and cryptocurrencies. Related Reading: Bitcoin’s Impact Alarming, Says NY Atty. General—Congress Needs To Act Declining Youth Participation The Korea Securities Depository reports investors in their 20s represented just 9.8% of the market last year, down from […]
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South Korea’s financial authority is expected to release the long-awaited regulatory framework next quarter, offering clear guidelines for the issuance and distribution of won-pegged stablecoins. Related Reading: Crypto Clampdown: South Korea’s Jeju City Goes After Suspected Tax Evaders Stablecoin Guidelines By October On Monday, local news media outlets reported that South Korea’s financial regulator, the […]
South Korea’s financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming months. This move follows the Korean government’s efforts to speed up its regulatory shift toward the digital asset industry. Related Reading: Senator Lummis To Reintroduce The ‘Bitcoin Act’ For 1 Million BTC Purchase South Korea’s […]
This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to comply with stricter requirements to protect investors and their assets. Related Reading: $235 Million Crypto Theft from WazirX Was ‘Perpetrated’ By North Korean Hackers, Report Reveals South Korea’s […]
South Korean crypto trading is shifting overseas as domestic exchanges see big drops in fiat deposits and trading activity, according to reports. While user numbers have risen, the money parked in won and the size of local markets have shrunk, signaling that more capital is finding its way to foreign platforms. Related Reading: Chinese National […]
South Korean regulators are gearing up for a big shift: spot Bitcoin and other crypto ETFs could hit the market by the second half of 2025. Related Reading: Blockchain Powerhouse Pours $10M Into XRP And 4 Other Crypto Stars According to reports, the Financial Services Commission has sent a roadmap to the Presidential Committee on […]