South Korea
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Electricity Demand Surges at South Korea’s Semiconductor Industrial Parks; Domestic ESS Market Expected to Exceed 40 Trillion Won
Svmuu News: South Korea’s Ministry of Climate, Energy, and Environment has begun developing an initial power supply plan for the new semiconductor industrial park in the Honam region and plans to desi
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Opinion: South Korea Has Not Yet Truly Entered the Stablecoin Market; It Must First Address Why They Are Worth Using
Svmuu News: Yoon Seung-sik, head of Tiger Research, stated that the South Korean won-pegged stablecoin market has not yet established a firm foothold. This is not due to a lack of potential, but rathe
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South Korea Plans to Establish a Future Fund Using Tax Revenues from the Semiconductor Industry
Svmuu News: Kang Hoon-sik, Chief of Staff to the South Korean President, said Sunday that the government plans to use additional tax revenue generated by the semiconductor industry boom to establish a
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The net increase in new listings at South Korea’s five largest cryptocurrency exchanges in the first half of the year fell by approximately 74% year-over-year.
Svmuu News: South Korean domestic cryptocurrency exchanges saw a significant slowdown in new listings during the first half of this year, while low liquidity and the number of problematic coins delist
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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 Korean stablecoin outflows top $367M in June: Report
A recent report indicates that stablecoin outflows from South Korean exchanges exceeded $367 million in June. This marks the 18th consecutive month of such outflows, occurring as regulators in the cou
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South Korean President Lee Jae Myung Under Fire Over Wild Market Swings and High-Risk Investment Products
South Korean President Lee Jae Myung is facing criticism as the government's strategy to attract capital and bolster the won through high-risk investment products backfires. Authorities had introduced
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South Korea Confirms 22% Crypto Tax Starting in 2027; Trading Volume Has Plummeted 54.6% in the First Half of the Year
South Korean Deputy Prime Minister and Minister of Finance Koo Yun-cheol confirmed on July 29 that South Korea will levy a 22% tax on cryptocurrency gains starting in 2027, as planned. The tax rate ap
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South Korea to import over 6 million barrels of UAE crude in emergency bid to curb fuel price surge
South Korea will import more than 6 million barrels of crude oil from the United Arab Emirates as part of an emergency effort to stabilize domestic fuel prices.
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Iran Names South Korea-Built UAE Nuclear Plant as Potential Target
Iran has included the Barakah nuclear power plant in Abu Dhabi, which is South Korea’s first overseas nuclear project, in a list of potential targets.
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South Korea's Deputy Prime Minister Confirms Plans to Tax Cryptocurrency Gains Starting January 1, 2027
South Korean Deputy Prime Minister Koo Yun-cheol confirmed to lawmakers that South Korea plans to tax cryptocurrency gains starting January 1, 2027. Under the plan, the portion of annual cryptocurrenc
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South Korea Policy Report Proposes Stablecoin Rules Ahead of Crypto Law
A policy report in South Korea recommends establishing interim licensing guidance and greater flexibility for stablecoin issuers. These proposed rules are suggested to be implemented ahead of the coun
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South Korea to Cap Retail Exposure to Leveraged ETF Investment
South Korea to Cap Retail Exposure to Leveraged ETF Investment
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South Korea's Finance Minister to Maintain 24-Hour Stock Market Monitoring System
South Korea's Finance Minister to Maintain 24-Hour Stock Market Monitoring System
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SK’s Choi Tae-won: South Korea Needs to Transform into an “AI-Native” Nation
Svmuu News: SK Hynix Chairman Choi Tae-won stated that South Korea must become an “AI-native nation,” adding, “The goal is for everyone to have at least one AI agent.” He said, “If this goal is achiev
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Google Play in South Korea Removes Apps from 29 Overseas Cryptocurrency Exchanges
Svmuu News: At least 29 overseas virtual asset exchange apps are currently unavailable for download and installation on the Google Play Store in South Korea. Since one of the main reasons South Korean
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Expanding into the consumer payments sector, South Korea launches a project to develop an infrastructure for deposit token payments
Svmuu News: The Korea Internet & Security Agency (KISA) and the Ministry of Science and ICT have launched the “Deposit Token Payment Infrastructure Expansion Project,” which will extend the results of
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South Korean President Responds to Controversy Over Samsung and SK Hynix Leveraged ETFs: Will Step Up Regulation If Necessary and Roll Out Supplementary Measures as Soon as Possible
Svmuu News: South Korean President Lee Jae-myung pointed out at a Cabinet meeting today that the market has widely criticized single-stock leveraged ETFs for “excessively amplifying market volatility,
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Over the past year, South Korea has indicted 304 individuals for crimes related to finance, securities, and virtual assets, and seized 381.4 billion won.
Svmuu News: Over the past year, South Korea’s Ministry of Justice and the Prosecutors’ Office have indicted a total of 304 individuals suspected of financial, securities, and virtual asset crimes, and
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South Korea's per capita GDP is expected to reach $39,000 this year
Svmuu News: According to a report by Yonhap News Agency, South Korea’s per capita GDP is expected to rise significantly this year, driven by increased exports during the semiconductor peak season. Bas
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Yonhap News Agency: South Korea's per capita GDP is expected to reach $39,000 this year
Svmuu News: Thanks to increased exports driven by the semiconductor industry’s peak season, South Korea’s per capita GDP is expected to rise significantly this year. According to data released on the
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Donald Trump Confirming Attendance at the World Cup Final at 3 a.m. on the 20th, South Korea Releases Roadmap for the Internationalization of the Won
Svmuu News Donald Trump has confirmed that it will attend the USA-Canada-Mexico World Cup final at 3 a.m. on the 20th; the U.S. has already launched a Level 1 special security operation. The South Kor
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South Korea Unveils Roadmap for the Internationalization of the Won, Plans to Issue Won-Denominated Stablecoins and Pilot the Tokenization of Government Bonds
Svmuu News: The South Korean government today released a “Roadmap for the Internationalization of the Won,” with the goal of promoting the transition of the won from a regulated currency to a freely c
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South Korea's ruling party plans to push for the enactment of the "Digital Asset Framework Act" in September and restart the Digital Asset Working Group
Svmuu News: South Korea’s Democratic Party of Korea has announced that it will restart its special task force on digital assets after completing internal leadership reshuffles in August and plans to i
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Dovey Wan: South Korea may be one of the clearest indicators of a peak in global risk assets
Svmuu News: Dovey Wan, founding partner of Primitive Ventures, posted on X that—from the “kimchi premium” seen in every crypto cycle to the current “memory stocks”—South Korea may be one of the cleare
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South Korea Raises Minimum Margin Requirement for Leveraged Trading of Individual Stocks to 30 Million Won
Svmuu News: South Korea will tighten margin requirements for leveraged trading of individual stocks, raising the minimum margin from 10 million won to 30 million won, and will only accept cash as marg
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South Korea's KOSPI index plummeted 5% during the day, with SK Hynix's losses widening to 10%
Svmuu News: According to data from MSX.COM, South Korea’s KOSPI index has plummeted 5% intraday and is currently trading at 6,919.68 points. SK Hynix’s losses have widened to 10%, while Samsung Electr
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Svmuu Noon News
1. On Hyperliquid (CXMT), the pre-market market cap reached $540 billion, surpassing Tencent; 2. A "whale" holding $75.4 million in assets went long on 20,000 CXMT tokens with 5x leverage; 3. South Ko
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Bank of America forecasts that South Korea's domestic storage capacity will grow at an average annual rate of less than 10%, falling far short of the goal of doubling by 2030.
Svmuu News: A recent report from Bank of America points out that the market is overly optimistic about the expansion commitments made by South Korea’s leading memory chip manufacturers. Regarding Sout
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South Korea
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