Why Are South Koreans Selling Off Crypto

Last Updated on December 25, 2022 by Paganoto

Why are Bitcoin whales in Korea selling? – Cointelegraph

Bitcoin whales are depositing large amounts of Bitcoin into South Korean exchanges as BTC continues to rally.

People Flock to South Korean Crypto Event Despite Market …

Falling prices and upheaval in the industry do not appear to have curbed Koreans’ appetite for crypto, blockchain and all things web3.

Why Is Cryptocurrency Trading Popular In South Korea?

Cryptocurrencies are stateless investments that appeal to South Korean investors wary of the political climate and their proximity to the threat posed by North …

South Korea crypto exchanges will shut down en masse next …

New regulations are forcing smaller exchanges to fold, triggering concerns about market monopolies.

Cryptocurrency Ownership Data for South Korea 2022 – TripleA

The average South Korean trader increased their crypto holdings by 64.2% in 2018, investing more than $6000 on average, a two-fold increase from the last survey …

'Kimchi Premium' Suspected in $3.4B FX Probe | PYMNTS.com

With crypto prices up to 20% above global prices on South Korean exchanges, potential earnings tempt traders to evade strict foreign …

First Mover Asia: Tailwinds for South Korea's Crypto Industry

Insights. Crypto in South Korea has enjoyed a tailwind lately. Earlier this week, The Korean Herald reported that SK Square, the investment arm …

First Mover Asia: Regulatory Attention on Terra Could Change …

The implosion of Terra’s U.S. dollar-pegged stablecoin terraUSD (UST) could change South Korea’s frenzied crypto trading market as regulators …

Bitcoin: South Korea sways cryptocurrency prices – but how?

South Korea’s government has been signalling that it plans to crack down on cryptocurrency trading. Exactly how it will do this remains vague. …

South Korea Has Banned the Sale of All New Cryptocurrencies

Today, South Korea announced a ban on initial coin offerings (ICO), the method through which many cryptocurrency startups raise funds.

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.