South Korea’s Won Storms Crypto in 2025 With $663B in Trades—Second Only to the Greenback

Data from Kaiko Research reveals that South Korea’s won ranks as the second most heavily used fiat currency in crypto trading, just behind the U.S. dollar. Since the beginning of 2025, KRW-denominated trades have clocked in at a staggering $663 billion. South Korea Flexes Crypto Muscle—Only the U.S. Dollar Does More Volume South Korea remains … Read more

Bitcoin to Solana: Crypto Prices Stay High Above Global Averages in South Korea

Since late May—spanning the past 17 days—the price gap for bitcoin in South Korea has climbed, topping a 3% difference by month’s end. As of Sunday, June 8, bitcoin is trading in the country at more than $1,500 above the worldwide average. Crypto Prices Break Away in South Korea, Sparking Premium Frenzy Bitcoin is currently … Read more

K-Pop Goes Bitcoin—Nasdaq-Listed K Wave Media to Add Bitcoin to Its Balance Sheet

K Wave Media Inc. has entered into an agreement to raise up to $500 million by selling ordinary shares, with a significant portion earmarked for building a bitcoin-focused treasury. K Wave Media Enters $500M Deal to Fuel Bitcoin-Centric Treasury and Growth The Nasdaq-listed company (KWM) announced the securities purchase agreement with Bitcoin Strategic Reserve KWM … Read more

Six-Figure Bitcoin Rally Triggers Rare Price Inversion in South Korea

Over the past 24 hours, bitcoin has drifted between $103,133 and $104,841, while South Korea’s notorious premium quietly inverted, dipping into discount territory for several days this month. Bitcoin’s Comeback Inverts South Korea Premium to 0.76% Below Global Average Bitcoin has experienced an eventful week, buoyed by renewed appetite and reclaiming the $100,000 milestone for … Read more

Report: South Korea to Allow Free Crypto Trading for Non-Profits, Exchanges in June

Beginning in June, South Korean nonprofit organizations and virtual asset exchanges will be permitted to trade digital assets freely. Exchanges can sell virtual assets under strict regulatory conditions to prevent conflicts of interest and minimize market impact. Promoting a Sound Donation Culture South Korean nonprofit organizations and virtual asset exchanges will be allowed to freely … Read more

Report: South Korea’s Bithumb to Spin Off Non-Core Units Ahead of IPO

Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage for IPO Local media reports that the South Korean cryptocurrency exchange Bithumb is restructuring its operations ahead of a planned initial public offering (IPO) in … Read more

Astra Fintech Launches $100 Million Fund to Boost Solana Ecosystem Innovation

Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra’s successful track record with projects like Mulex, DEPE, and Mone, and its sponsorship of the Seoulana event. In addition to funding, Astra … Read more

Won vs. Dollar: Diverging Bitcoin Prices Hint at Market Inflection

Since bitcoin briefly dipped below global averages in South Korea on April 9, the past ten days have seen the coin fetch a premium, touching 2.97% above international benchmarks. Seoul’s Bitcoin Premium Hits 3% With fewer high-return domestic investment avenues, South Koreans often gravitate toward cryptocurrencies such as bitcoin. Ten days ago, amid a market … Read more

Bitcoin Sees First Discount in South Korea in 4 Months Amid Trump’s Trade Turmoil

Bitcoin’s valuation in South Korea took an interesting turn last week, dipping into a discount amidst the dramatic volatility rocking global financial systems. This marked the first instance of such a discount in nearly four months, breaking a streak where the country consistently observed a premium. Trump’s Tariffs Spark Unusual Bitcoin Discount in South Korean … Read more

Despread: 70% of South Korean Crypto Investors Profited in 2024, Driven by BTC, XRP, and ETH

A recent report by Despread Research reveals that 70% of South Korean crypto investors made a profit in 2024, with BTC, XRP, and ETH being the most popular holdings. Optimism remains high for 2025, with many expecting bitcoin to surpass $100,000 (150 million KRW). Bitcoin Leads South Korean Investor Portfolios as Optimism Grows for 2025 … Read more