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Blockchain network Kaia, formed through the merger of platforms launched by Korean tech giants Line and Kakao, announced Monday it hopes to serve as a gateway between Web2 and Web3 in Asia and beyond. The merger between Kakao's blockchain platform Klaytn Foundation, and Finschia Foundation under N...
In the meantime, Crypto.com will make efforts to earn a license to trade Korean won into virtual assets, such as partnering with a local bank for real-name accounts. “Earning approval to use real-name accounts for Korean won trading is not easy, especially for a global exchange to launch operatio...
Local crypto exchange operator Bithumb Korea is set to simplify its corporate governance, spinning off its non-exchange business in a move designed to accelerate its stock market debut planned for next year. Bithumb Korea will separate its holdings business under a new name, tentatively coined Bit...
South Korea was ranked eighth globally in terms of cryptocurrency profits last year, according to a report by blockchain data analytics firm Chainalysis on Sunday. Investors around the world saw a combined $37.6 billion in their crypto gains in 2023. The figure was a 76 percent plunge from a $159....
The price of bitcoin jumped to a new record in Korea on Monday, breaking through 100 million ($76,365) for the first time. Bitcoin, the world’s biggest cryptocurrency, traded at above 100 million won on the nation’s largest crypto exchange Upbit at 4:32 p.m., a surge since the price exceeded 98....
Cryptocurrency exchange operator Crypto.com hopes to expand its footing here by launching an exchange app for Korea in the first half of this year, said Eric Anziani, president and chief operating officer at the Singapore-based crypto trading platform. After more than 2 1/2 years of working to bui...
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March 11, 2024![[Herald Interview] Crypto.com eyes expansion into Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2024/03/11/20240311050580_0.jpg)
March 11, 2024
![[Herald Interview] Crypto.com eyes expansion into Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2024/03/11/20240311050580_0.jpg)
