Bitcoin range consolidation a ‘healthy next step’ before BTC attempt at $100K
Bitcoin price cooled off at the start of December, but several bullish catalysts support investors’ belief that $100,000 BTC is around the corner. Go to Source
South Korea
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Martial Law Declared in South Korea Sparks Crypto Market Chaos
South Korea’s recent declaration of martial law has roiled global cryptocurrency markets, sending shockwaves through trading activity and triggering significant price volatility. South Korea’s Martial Law Sends Bitcoin Reeling, Stabilizes Near $95K President Yoon Suk Yeol unveiled the decision during a late-night televised announcement Tuesday, explaining that the move was aimed at addressing alleged anti-state … Read more
BTC/KRW pair dipped 30% as South Korea’s president declared martial law
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament. Go to Source
South Korea’s Democratic Party agrees to delay crypto tax by 2 years
South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party. Go to Source
South Korea confirms North Korea behind $50M Upbit hack
South Korea confirms North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at over $1 billion. Go to Source
South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal. Go to Source
Bitcoin Premium in South Korea Rises: A Bullish Signal or Just Regional Dynamics?
Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces Back After October’s Brief Dip As of 4:45 p.m. EST, bitcoin is priced at $69,058, following a push … Read more
Korea to Regulate Crypto Cross-Border Trade Next Year
On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border virtual asset trade register with authorities and submit monthly transaction reports to the Bank of Korea. The move follows significant concerns … Read more
South Korea to ramp up oversight of cross-border crypto transactions: Report
South Korea’s finance minister, Choi Sang-Mok, says the country will introduce reporting mandates on cross-border crypto transactions to combat foreign exchange crime. Go to Source
Montenegro halts Do Kwon’s extradition again ahead of appeal ruling
Do Kwon’s extradition has been delayed again, to the surprise of the Justice Ministry. Go to Source
