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South Korea
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South Korean Deputy Finance Minister Says Country Is in Close Communication with Japan and Allies on Exchange Rate Issues
Svmuu News: South Korea’s Deputy Finance Minister said Thursday that South Korea is maintaining close communication with Japan and other major allies on foreign exchange issues, and warned that the wo
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South Korean publicly traded company K Wave Media sold off 88 BTC to repay $6 million in debt
Svmuu News: BitcoinTreasuries.NET posted on X stating that K Wave Media KWM, a South Korean publicly traded company, has sold its remaining 88 BTC to repay $6 million in debt and currently holds 0 BTC
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South Korea has postponed weekly options based on stocks of companies such as SK Hynix and Samsung Electronics
Svmuu News: South Korea has postponed the launch of its weekly single-stock options program, originally scheduled for June 29, which was to cover stocks such as SK Hynix and Samsung Electronics. This
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South Korea's preliminary memory chip exports for the first 20 days of June saw a significant year-over-year increase, with SSD exports up 405% year-over-year.
Svmuu News: Citrini analyst jukan posted on X that preliminary South Korean export data for June 1–20 showed that DRAM (including modules) rose 342% year-over-year and 3% month-over-month; NAND flash
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South Korea's Financial Services Commission Will Implement Seven Principles for Financial AI on June 22
Svmuu News: On the 18th, the Financial Services Commission of South Korea released a revised version of the “Guidelines on Artificial Intelligence in the Financial Sector,” which will take effect on J
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The Korea Times: South Koreans Are Losing Interest in Cryptocurrency Trading
Svmuu News: South Korea’s retail cryptocurrency trading volume in the first quarter of this year reached $69 billion, ranking second globally, behind only the United States’ $212 billion. Data shows t
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South Korean Finance Minister Chairs Emergency Meeting, Warns of Strict Crackdown on Forex Market Speculation
Svmuu reported that South Korea's Finance Minister chaired an emergency market assessment meeting. The Finance Minister stated that excessive volatility in the foreign exchange market is undesirable a
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South Korean police are investigating local Polymarket users for illegal gambling
Svmuu News: South Korean police are investigating local users of the prediction market platform Polymarket on suspicion of illegal gambling. Polymarket is classified as private gambling in South Korea
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South Korea's exports hit a record $115.3 billion in October, up 93.7% year-on-year.
South Korea's exports reached a record $115.3 billion in October, up 93.7% year-on-year, primarily driven by a significant increase in semiconductor shipments. The Ministry of Trade, Industry and Ener
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South Korean lawmakers appear set to postpone cryptocurrency tax laws for a fourth time.
South Korean lawmakers appear set to postpone cryptocurrency tax laws for a fourth time.
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South Korea Considers Deploying Maritime Patrol Aircraft to Strait of Hormuz; President Lee Jae-myung Rules Out Combat Deployment
South Korea's National Security Advisor, Wi Sung-lac, stated that Seoul is still considering various options for deployment to the Strait of Hormuz, including sending maritime patrol aircraft. He reve
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Germany and South Korea eye strategic industrial partnership in defense
Germany and South Korea are exploring a new chapter in defense cooperation, moving towards a strategic industrial partnership. This initiative comes as Europe faces its most serious security crisis si
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Coinbase, Bithumb, and multiple South Korean financial institutions experienced data breaches; South Korean Presidential Office held an emergency meeting.
User data from crypto exchanges Coinbase and Bithumb has been leaked. Coinbase stated that its third-party analytics vendor, Amplitude, experienced a security incident, resulting in the exposure of a
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South Korean Financial Sector Hit by Cyberattack Again, Multiple Institutions Affected
South Korean financial institutions have been hit by a new wave of cyberattacks, highlighting the growing risk of AI-driven hacking in Asia. The latest incidents affected Daishin Securities, Mirae Ass
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South Korean Finance Minister Lee Hyoung-il hopes Bloomberg will review the country's emerging market status in its bond index, citing improved market access for foreign investors.
South Korean Finance Minister Lee Hyoung-il hopes Bloomberg will review the country's emerging market status in its bond index, citing improved market access for foreign investors.
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South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
South Korea's ruling party and government have failed for the fourth time to agree on postponing the cryptocurrency tax, which is still set to take effect on January 1 next year.
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the Nuclear Safety and Security Commission, on Tuesday approved an additional 10-year operational life for Kori units 3 and 4
South Korea's nuclear watchdog, the Nuclear Safety and Security Commission, on Tuesday approved an additional 10-year operational life for Kori units 3 and 4, two nuclear reactors located on the count
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South Korea's planned January crypto tax faces fresh delay requests
South Korea's planned January crypto tax faces fresh delay requests. The country is scheduled to begin taxing cryptocurrency income in January, but exchanges, investors, and lawmakers are once again r
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South Korea's Q3 GDP grew 1% QoQ, driven by strong exports and investment
South Korea's Q3 GDP grew 1% QoQ, driven by strong exports and investment. Data released by the Bank of Korea on Tuesday showed that the South Korean economy expanded by 1% quarter-on-quarter in the t
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South Korea is considering imposing an education tax on cryptocurrency exchanges.
South Korea is considering imposing an education tax on cryptocurrency exchanges.
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South Korea's presidential office is considering a fourth delay to the 22% cryptocurrency gains tax
South Korea's presidential office is considering a fourth delay to the 22% cryptocurrency gains tax, originally set to take effect on January 1, 2027, potentially pushing it back to 2029. The tax plan
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South Korea's current account surplus reached $116.63 billion in the second quarter
South Korea's current account surplus reached $116.63 billion in the second quarter, driven by strong chip exports, ranking second among major global economies and exceeding the combined surpluses of
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South Korea's crypto bill is reportedly nearing completion, aiming to establish a digital asset framework that includes an exchange licensing system and stablecoin issuance rules, while the debate over crypto taxation intensifies.
South Korea's crypto bill is reportedly nearing completion, aiming to establish a digital asset framework that includes an exchange licensing system and stablecoin issuance rules, while the debate ove
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South Korea's Arctic Shipping Trial Shows Shorter Europe Route Potential, Challenges
South Korea’s first government-led Arctic shipping trial has shown the potential to cut the distance to Europe by about 35 percent and the transit time by roughly 10 days compared with the Suez Canal
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German-Korean Chamber of Commerce and Industry President: German companies are viewing South Korea as a strategic manufacturing and innovation hub
Marie Antonia von Schonburg, President and CEO of the German-Korean Chamber of Commerce and Industry, stated that German companies are leveraging the industrial strengths of both countries to use Sout
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South Korea's government won a tax refund lawsuit against hedge fund Lone Star Funds, involving $127 million.
The South Korean government and Seoul have won a tax refund lawsuit against U.S. private equity firm Lone Star Funds, involving 168.2 billion Korean Won (approximately $127 million). The Seoul High Co
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South Korean Finance Minister: South Korea will support the establishment of a global "AI-based society" to ensure no country is left behind in the AI transformation.
South Korean Finance Minister: South Korea will support the establishment of a global "AI-based society" to ensure no country is left behind in the AI transformation.
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The number of foreign nationals participating in South Korea's defined contribution (DC) retirement pension plans surged by 67.5% in three and a half years, reaching 46,872.
The number of foreign nationals participating in South Korea's defined contribution (DC) retirement pension plans surged by 67.5% in three and a half years, reaching 46,872.
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South Korea Finance Officials to Meet Major Crypto Exchanges on Tuesday Amid Calls for Two-Year Crypto Tax Delay
South Korea Finance Officials to Meet Major Crypto Exchanges on Tuesday Amid Calls for Two-Year Crypto Tax Delay
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South Korea is intensifying its scrutiny of foreign banks, with informal guidance already leading to the postponement of at least one overseas bond issuance, and is considering implementing restrictive measures.
South Korea is intensifying its scrutiny of foreign banks, with informal guidance already leading to the postponement of at least one overseas bond issuance, and is considering implementing restrictiv
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Trump announces $130 billion Alaska LNG deals with South Korea and Taiwan
Former President Trump announced that South Korea will invest $50 billion in the Alaska LNG project. Taiwan has committed to $70–80 billion in LNG purchases over 20 years and will also invest $4.4 bil
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IMF projects South Korea's GDP per capita to exceed $40,000 this year for the first time, reaching $43,512
The International Monetary Fund (IMF) projects South Korea's gross domestic product (GDP) per capita to exceed $40,000 for the first time this year, reaching $43,512. This is a 19.5% increase from an
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South Korea
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Bitcoin Price Breaks $77,000: Multiple Factors Drive Current Rally
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US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
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Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
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Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
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Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
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Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
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Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
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SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
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Chainalysis: Ethereum Reorg Causes THORChain Emergency Pause, Accidentally Delays Binance Hacked Funds Laundering
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Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
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