The Virtual Asset User Protection Act of South Korea will take effect on July 19. Among its provisions, one law mandates that banks entrusted by cryptocurrency exchanges must pay interest on crypto deposits. This law significantly impacts K-Bank, the digital bank entrusted by Upbit, the largest exchange in South Korea.
AlexSouth Korean Won Surges in Crypto Trading: Altcoin popularity drives won's dominance over USD in Q1 2024. Intense competition among exchanges, crypto-friendly policies ahead of elections, and regulatory measures to curb dubious tokens characterize the landscape.
Huang BoInvestors eyeing 2024 should diversify with precious metals like gold and silver, the dynamics of crude oil, agricultural essentials including corn and soybeans, "Dr. Copper" as an economic health indicator, and the resilience of Bitcoin. Caution is urged due to market vulnerabilities.
SanyaSouth Korea's move towards CBDC implementation signifies a notable step in the evolution of digital currencies. While the pilot program is poised to bring about positive changes, it is crucial to navigate potential challenges and ensure a secure and efficient financial landscape.
BerniceBank of Korea pioneers a revolutionary CBDC pilot involving 100,000 citizens, marking a significant step towards the Digital Won era.
Hui XinUpbit's new KRW trading pair for MINA led to a 50% price surge in 24 hours.
JoyUpbit fortifies security measures after enduring 159,000 network attacks in response to escalating threats.
Hui Xin
BitcoinworldA deceptive token masquerading as a legitimate version of Aptos briefly disrupted operations on Upbit, specifically affecting the APT token; it has since announced the resumption of services for the token.
KikyoPanama has decided to postpone the legalization of digital assets. According to multiple sources, Panamanian President Laurentino Cortizo has stated ...
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