What was the world’s hottest stock market is now hunting ground for short sellers
South Korea’s oncesurging market is now a haven for short sellers. Source:MarketWatch
Bithumb sets 2028 IPO timetable as it overhauls internal controls
The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error. Source:Cointelegraph
Bithumb now targets 2028 IP after major internal restructuring
The South Korean crypto trading platform plans to see a preliminary listing review in 2027, but did not identify a proposed listing venue yet. Source:CoinDesk
South Korean stablecoin outflows top $367M in June: Report
Stablecoins have been flowing out of South Korean exchanges for 18 consecutive months as regulators weigh tighter oversight of crossborder crypto activity.…
South Korea’s chip giants just logged their biggest rally ever. What it means for the global AI trade.
The Kospi saw its bestever day on Friday, as the index came roaring back thanks to historical jumps in its big tech names. Source:MarketWatch
Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years
Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to yearonyear expectations.…
South Korean crypto trading surges amid stock market plunge
South Korean crypto exchanges saw a fresh spike in trading activity as the country’s stock market had several days of significant downside. Source:Cointelegraph
Samsung unit explores stablecoin infrastructure with Upbit’s operator
Samsung SDS is discussing stablecoin infrastructure and AIbased payment models with Dunamu, the operator of South Korean crypto exchange Upbit.…
South Korea plans to tax crypto gains over $1,740 as political battle moves to parliament
The country plans on taxing cryptocurrency gains from Jan. 1, 2027, signaling that it does not intend to postpone the measure for a fourth time. Source:CoinDesk
South Korea report proposes stablecoin rules before crypto law
Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.…
South Korea plans stablecoin rules as opposition pushes crypto tax repeal
The FSC reportedly plans a governmentbacked digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax…
Bitcoin drops as South Korean stocks tumble, Senate shelves crypto Clarity Act
BTC shed 2% as South Korea's Kospi plunged 11% and the U.S. Senate shelved the Clarity Act, leaving the market facing a pivotal Fed decision on Wednesday.…