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Cryptorank

Category KRW

South Korea may open crypto market to foreign investors if exchanges meet AML standards

South Korea may open crypto market to foreign investors if exchanges meet AML standards

The Financial Services Commission (FSC) of South Korea hinted that it may loosen constraints on foreign investors trading crypto on local exchanges.
Apr, 03, 2025
3 min read
by CryptoPolitan
Trump’s trade war wipes out $500M in crypto, risk assets crater

Trump’s trade war wipes out $500M in crypto, risk assets crater

US President Donald Trump’s tariffs sent the crypto market tumbling along with all the major financial markets. Bitcoin (BTC) nosedived 4% to revis...
Apr, 03, 2025
3 min read
by CryptoPolitan
South Korea’s 7-Eleven to accept CBDC payments

South Korea’s 7-Eleven to accept CBDC payments

South Korea’s 7-Eleven shops will be taking part in the test phase of the Bank of Korea’s digital currency (CBDC) project. To that end, the retaile...
Apr, 02, 2025
3 min read
by CryptoPolitan
South Korean crypto investors surpass 16 million

South Korean crypto investors surpass 16 million

The number of crypto investors in South Korea has surpassed 16 million, closing the gap in the number of stock investors in the country.
Mar, 30, 2025
3 min read
by CryptoPolitan
South Korea pauses Upbit’s 3-month ban on serving new clients

South Korea pauses Upbit’s 3-month ban on serving new clients

The partial business suspension of Upbit, the biggest crypto exchange in South Korea, was temporarily lifted by a South Korean court. This suspensi...
Mar, 27, 2025
3 min read
by CryptoPolitan