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Korea's crypto investors appear to be shifting toward minor virtual coinsMarketsApr 13, 2021An ample amount of investors appears to be shifting toward other minor coins, market watchers here said on Tuesday, citing a sudden decline of trading volume of Bitcoin, the largest cryptocurrency. ... -
Industry experts urge legal embrace of digital assetsMarketsApr 9, 2021South Korea should create a legal framework to embrace up-and-rising digital assets, protect customers and support the growth of the industry, a group of experts said Friday. Gathering for a seminar... -
Riiid enters 100 most innovative AI Startups by CB InsightsMarketsApr 9, 2021Riiid, a South Korean artificial intelligence-based education tech startup, was added to a lits of the most innovative AI startups by a global market intelligence platform, the company said on Friday... -
Bitcoin on rollercoaster ride amid government warningsMarketsApr 8, 2021Bitcoin prices remained unstable Thursday after falling more than 10 percent late Wednesday in a roller-coaster movement that coincided with the government’s warning and a widening price gap with ove... -
Brokerages’ shares rise on investments in emerging firmsMarketsApr 5, 2021Shares in local brokerages have risen over the past few days as their investments in rising fintech companies have gained attention from investors. Shares in Hanwha Investment and Securities rose ... -
Bitcoin falls after hitting all-time high, widens gap with global exchangesEconomyApr 4, 2021Bitcoin, the largest cryptocurrency, fell on Sunday after hitting a fresh record high over the weekend. The price difference between domestic and overseas exchanges, dubbed as the kimchi premium, wid... -
Investors flock to unlisted stock markets in search of ‘next Coupang’MarketsApr 1, 2021On the heels of e-commerce platform Coupang’s listing on the New York Stock Exchange last month, which saw a valuation of over $100 billion, retail investors are seeking out similar opportunities wit... -
Education startup Ringle raises W10bMoneyMar 31, 2021Ringle English Education Service, a South Korean education technology startup that provides 1:1 English tutoring services, said Tuesday that it had raised 10 billion won ($8.8 million) from investors... -
Kakao Bank CEO’s term extended for another 2 yearsMarketsMar 31, 2021Kakao Bank, the banking arm of mobile giant Kakao, on Wednesday said that its board decided to extend CEO Yoon Ho-young’s term for another two years. Yoon has led the country’s second internet-only ... -
Wall Street's crypto endorsement pushes BitcoinMarketsMar 31, 2021The booming adoption of digital coins by institutional players pushed the price of a bitcoin to new heights Wednesday. Bitcoin soared to a record high of 71.6 million won ($63,200) in the morning We... -
Bitcoin price resurges despite coin delisting risksMarketsMar 30, 2021Bitcoin is reaching 70 million-won mark again Tuesday amid a global credit company’s digital coin endorsement. According to local crypto exchange Upbit, Bitcoin price rose above 69 million won ($60,... -
Toss to launch public administration servicesMarketsMar 29, 2021Viva Republica, operator of the fintech app Toss, said on Monday that it will be launching public administration services in collaboration with the government to provide information on COVID-19 vacci... -
Kakao’s Klaytn to offer nonfungible tokens on OpenSeaMarketsMar 29, 2021Klaytn, the blockchain project of Korea’s Internet giant, Kakao, said on Monday that it has partnered with OpenSea, the fast-emerging marketplace for nonfungible tokens. Klaytn, which is developed b... -
NPS delays decision on domestic stock ratioEconomyMar 26, 2021South Korea‘s public pension fund, the National Pension Service, delayed a decision on whether or not to increase the proportion of domestic stock holdings, amid mounting criticism over the fund’s se... -
YG Entertainment founder’s control shrinks after Chinese company exitMarketsMar 26, 2021YG Entertainment founder Yang Hyun-suk’s grip on the firm has weakened after China’s ticket booking platform divested itself from the K-pop powerhouse this month. Shanghai Fengying Business Consulta...
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