South Korea
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South Korea’s Leveraged ETF Trading Tied to Chip Giants Plummets Under New Curbs
South Korea’s Leveraged ETF Trading Tied to Chip Giants Plummets Under New Curbs
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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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South Korea condemns Houthi attacks on Saudi Arabia; Saudi Defense Minister discusses defense cooperation with new South Korean counterpart.
South Korea condemns Houthi attacks on Saudi Arabia; Saudi Defense Minister discusses defense cooperation with new South Korean counterpart.
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The outstanding balance of household loans at South Korea's five major banks increased by 2.77 trillion Korean Won month-over-month at the end of October.
According to The Korea Herald, citing aggregated bank data, the outstanding balance of household loans at South Korea's five largest banks reached 783.6 trillion Korean won (approximately $584 billion
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South Korea targets 'world's highest performance' sovereign AI model with 4.7 trillion won investment, part of record 2027 budget
South Korean President Lee Jae Myung unveiled the country's largest ever budget on Monday, pledging to "boldly invest in AI and future growth engines." The 2027 budget will rise 12.8% to 820.9 trillio
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South Korea Postpones T+1 Stock Settlement Cycle Plan to 2028
South Korea has postponed its plan to shorten the stock settlement cycle to T+1 until 2028, allowing financial institutions and overseas investors more time to prepare. This move aims to address indus
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DHL Group CEO: South Korea Emerges Victorious in Global Supply Chain Reorganization, Driven by AI Chip Demand and Reduced Reliance on China
DHL Group CEO Tobias Meyer stated that South Korea is emerging as a potential winner in the global supply chain restructuring, driven by demand for AI chips and efforts to reduce reliance on China, wh
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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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South Korea
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