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Tag: BANK OF KOREA

South Korea Grants Central Bank More Power Over Crypto

The Bank of Korea (BoK) has been granted increased power to investigate cryptocurrency service providers and issuers, as discussions on virtual asset legislation continue...

The Metaverse Is Hiring, With 750+ Jobs Currently Available

The global metaverse market in finance is poised to grow by $107.06 billion between 2022 and 2027, according to a report by global tech...

New Demand Expected To Change Bitcoin’s Market Structure Significantly

Advertisement &nbsp &nbsp Bitcoin has been witnessing a renewed short-term market recovery characterized by new demand from a category of new investors expecting to...

Bitcoin Study Claims Chinese Crypto Traders Are Price Gouging Korean Buyers, But They’re Not (Opinion)

There’s a crypto study out of South Korea recently of Chinese Bitcoin arbitrage traders and Korea’s “kimchi premium” on Bitcoin prices. Its characterization...

Earnings to spoil the party?

It’s been another lively week in financial markets and one in which investors have become increasingly hopeful that 2023 won’t be as bad...

Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China

A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to...

Metaverse is offering digital twins to help Fintech industry

Metaverse is creating a revolutionary modification in the finance industry by enabling to build the payment infrastructure in the ecosystem. It has created...

Markets: Bitcoin slips, Ether inches up; Dogecoin leads rebound in top 10 cryptos

Bitcoin slipped and Ether inched up in Asian trading on Friday afternoon, with Dogecoin leading gains across the top 10 non-stablecoin cryptocurrencies by market...

Daesung Private Equity Unveils $83.5M Metaverse Fund

The Industrial Bank of Korea and Shinhan Capital are also involved in the fund. This fund is the largest of the sixteen funds...

S. Korea energy conglomerate builds US$84 mln metaverse fund

South Korea’s city gas and energy group Daesung’s venture capital subsidiary recently established a fund worth 110 billion Korean won (about US$84.5 million) for...

Central Bank Executive Says Hong Kong Working On Investor Protection Measures

The chief executive officer of the central bank in Hong Kong seemed to have an optimistic perspective on the future of decentralized technology in...

A “dovish” boost

Equity markets are making steady gains in Europe and Asia on Thursday, while Wall Street is closed for the Thanksgiving bank holiday. The day...

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